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The Zacks Analyst Blog Highlights: Facebook, JPMorgan Chase, UnitedHealth, BHP and Cognizant Technology Solutions

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For Immediate Release

Chicago, IL – April 13, 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: Facebook , JPMorgan Chase (JPM - Free Report) , UnitedHealth Group (UNH - Free Report) , BHP Group (BHP - Free Report) and Cognizant Technology Solutions (CTSH - Free Report) .

Here are highlights from Thursday’s Analyst Blog:

Top Stock Reports for Facebook, JPMorgan and UnitedHealthcare

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 Facebook, JPMorgan Chase and UnitedHealth Group. 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 >>>

Facebook’s shares have outperformed the S&P 500 over the past six months (-3.2% vs. -6.3%). The Zacks analyst believes that Facebook is benefiting from growth in Instagram Stories and Feed, and expanding user base in Asia Pacific.

The launch of Facebook View app, Facebook Pay, a simpler and faster Messenger for iOS app and more location control feature for Android users is a positive. Shares have outperformed the industry in the past year. However, Facebook expects ad-sales to be hurt by the coronavirus lockdowns despite a significant spike in traffic.

Moreover, increasing limitations in tracking user activity amid the growing privacy-related regulations and changes made in the mobile operating systems and browser platforms by Apple and Google as well as tools like the Off Facebook Activity controls are expected to affect top-line growth. Moreover, a persistent mix shift toward Stories is anticipated to weigh on ARPU.

Shares of JPMorgan have lost -10.5% over the past year against the Zacks Major Regional Banks industry’s fall of -23.6%. The Zacks analyst believes that decent loan demand, the acquisition of InstaMed, new branch openings and focus on credit card business will continue to aid the company's financials.

Its enhanced capital deployment plan reflects strong balance sheet position. Notably, the company has stopped its share buybacks with an aim to use the capital for lending activities amid coronavirus related slowdown. However, the Federal Reserve's accommodative monetary policy stance is expected to hurt top-line growth in the near term.

Challenges in expanding mortgage operations and the company’s significant dependence on capital markets revenues might hamper financials to some extent.

UnitedHealth’s shares have gained +8.9% over the past three months against the Zacks Medical Insurance industry’s fall of -0.1%. The Zacks analyst believes that the company’s revenues should continue to grow driven by its strong market position and attractive core business that continues to be driven by new deals, renewed agreements and expansion of service offerings.

UnitedHealth Group stands apart in the industry by virtue of healthcare services, technology and innovations offered by its unit, Optum. Its numerous acquisitions have led to inorganic growth. Its membership in the public and senior business has been growing consistently over the years and the trend is expected to continue.

Its solid balance sheet and consistent cash flow generation enables investment in business. Strong earnings guidance by the company instills investors' confidence. The company is, however, witnessing a slowdown in its international operations.

Other noteworthy reports we are featuring today include BHP Group and Cognizant Technology Solutions.

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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 http://www.zacks.com/performancefor information about the performance numbers displayed in this press release.

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