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The Zacks Analyst Blog Highlights: UnitedHealth, AT&T, Netflix, Procter & Gamble and BlackRock

Zacks Equity Research

For Immediate Release

Chicago, IL – May 15, 2020 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include UnitedHealth Group UNH, AT&T T, Netflix NFLX, Procter & Gamble PG and BlackRock BLK

Here are highlights from Thursday’s Analyst Blog:

Top Research Reports for UnitedHealthcare, AT&T and Netflix

The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including UnitedHealth Group, AT&T and Netflix. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

You can see all of today’s research reports here >>>

UnitedHealth’s shares have outperformed the Zacks Medical Insurance industry over the past year (+18.7% vs. +11.7%). The Zacks analyst believes that UnitedHealth has been benefiting from higher segmental contributions, which helped it counter the fallout from the coronavirus-led crunch.

It stands out from the rest in its industry by virtue of healthcare services, technology and innovations offered by its unit, Optum. Its numerous acquisitions bolstered its inorganic growth profile. Its revenues should continue to grow, driven by a strong market position and an attractive core business.

Its solid balance sheet and consistent cash flow generation encourage investment in business.  By retaining its 2020 earnings guidance, the company restores investor confidence. However, the company is witnessing a slowdown in its international operations. Commercial membership may also suffer due to increased joblessness.

(You can read the full research report on UnitedHealth here >>>)

Shares of AT&T have lost -29.1% over the past six months against the Zacks Wireless National industry’s fall of -15.6%. The Zacks analyst believes that AT&T is well positioned to benefit from streaming services like AT&T TV and soon-to-be launched HBO Max.

AT&T reported relatively modest first-quarter 2020 results as coronavirus pandemic hit top-line growth, fueling uncertainty within the organization and limiting future visibility. The company is witnessing a steady decline in linear TV subscribers and legacy services. Its wireline division is also facing loss in access line due to competitive pressure from VoIP service providers.

As AT&T tries to woo customers with discounts, freebies and cash credits, margin fears tend to soar. However, the company is committed to its three-year financial framework with sustained investments and debt-reduction efforts. AT&T intends to deploy a standards-based, nationwide mobile 5G network in 2020 to fuel its growth engine.

(You can read the full research report on AT&T here >>>)

Netflix’s shares have gained +15.4% over the past three months against the Zacks Broadcast Radio and Television industry’s fall of -6.3%. The Zacks analyst believes that the company is dominating the streaming space, courtesy of its diversified content portfolio, which is attributable to heavy investments in the production and distribution of localized, foreign-language content and an expanding international footprint.

Netflix’s first-quarter 2020 results benefited from strong subscriber growth as more and more people were compelled to stay at home due to the coronavirus pandemic. However, Netflix expects viewing and subscriber growth to decline once the coronavirus-related lockdowns and movement restrictions are lifted.

Moreover, absence of new seasons for popular shows like Money Heist and Stranger Things is expected to affect subscriber growth in the third and fourth quarter of 2020.  

(You can read the full research report on Netflix here >>>)

Other noteworthy reports we are featuring today include Procter & Gamble and BlackRock.

Zacks’ Single Best Pick to Double

From thousands of stocks, 5 Zacks experts each picked their favorite to gain +100% or more in months to come. From those 5, Zacks Director of Research, Sheraz Mian hand-picks one to have the most explosive upside of all.

This young company’s gigantic growth was hidden by low-volume trading, then cut short by the coronavirus. But its digital products stand out in a region where the internet economy has tripled since 2015 and looks to triple again by 2025.

Its stock price is already starting to resume its upward arc. The sky’s the limit! And the earlier you get in, the greater your potential gain.

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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.


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ATT Inc. (T) : Free Stock Analysis Report
 
UnitedHealth Group Incorporated (UNH) : Free Stock Analysis Report
 
BlackRock, Inc. (BLK) : Free Stock Analysis Report
 
Netflix, Inc. (NFLX) : Free Stock Analysis Report
 
Procter Gamble Company The (PG) : Free Stock Analysis Report
 
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