HBB

Research Reports Overview: The Zacks Research Daily highlights new reports on 16 major stocks, including Apple, Tesla, and Micron Technology, along with two micro-cap stocks, emphasizing unique insights into smaller companies.

Apple's Performance: Apple has seen a 17.6% stock increase over the past year, driven by strong Services revenue growth and expectations for double-digit iPhone sales growth, despite facing tariff impacts and regulatory challenges.

Tesla's Challenges: Tesla's stock has risen 22.5% over the past year, but faces potential declines in Q4 deliveries due to the expiration of EV tax credits and increasing competition, while its Energy Generation unit shows promise.

Micron Technology's Growth: Micron's shares have surged 188.2% year-to-date, benefiting from the AI-driven memory market and strong financials, although concerns about NAND demand recovery and trade tensions persist.

Impact of Tariffs on Micro-Cap Stocks: Companies reliant on China for sourcing are experiencing significant Gross Margin declines due to tariffs, leading to decreased share prices, particularly among micro-cap stocks.

Crown Crafts, Inc. Performance: Despite a 3.1% sales decline and Gross Margin erosion, Crown Crafts (CRWS) increased its EPS year-over-year, benefiting from cost reductions and a diversified product range, with strong ties to Walmart and Amazon.

Hamilton Beach Brands Holding Company Update: Hamilton Beach (HBB) faced a 690-bps Gross Margin hit from tariffs but has implemented pricing strategies and manufacturing diversification to mitigate future risks, showing signs of revenue recovery.

Market Position and Future Outlook: Both companies are well-positioned with strong retail partnerships, particularly with Walmart, and are adapting to market challenges, indicating potential for recovery and growth in consumer spending.