![Sheraz Mian Sheraz Mian](https://staticx.zacks.com/images/mugshots/sheraz_mian/sheraz_mian-4.png)
Top Research Reports for Apple, UnitedHealth & Bank of America
![](https://staticx.zacks.com/images/zt/ztNow_icon2.png)
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
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 Apple (AAPL), UnitedHealth Group (UNH), and Bank of America (BAC). 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 >>>
Shares of Apple have underperformed the S&P 500 in the year-to-date period (+9.5% vs. +17.9%), likely a reflection of the sentiment that Apple and other Tech players that benefited from the pandemic will be less advantangeously positioned in the post-Covid world.
The Zacks analyst sees the company continuing to benefit from momentum in the Services segment, driven by App Store, Cloud Services, Music, advertising and AppleCare.
Its near-term prospects are bright, driven by new iPhones that support 5G, revamped iPad and Mac line-up of devices, healthcare-focused Apple Watch, and an expanding App Store ecosystem. However, Apple refrained from providing any guidance due to the current uncertainties. Increasing scrutiny and legal woes over App Store are other headwinds.
(You can read the full research report on Apple here >>>)
UnitedHealth shares have gained +17.7% over the last six months against the Zacks Medical Insurance industry’s gain of +15.5%. The Zacks analyst believes that numerous acquisitions have supplemented the company’s organic growth as well as helped it diversify in different verticals. The company is scheduled to report June-quarter results on Thursday, July 15th.
UnitedHealth remains well poised to gain from its government business. A sturdy balance sheet and consistent cash flow generation are other positives, enabling the company to engage in share buybacks and dividend payments. However, it is witnessing a slowdown in international and commercial business.
(You can read the full research report on UnitedHealth here >>>)
Shares of Bank of America have gained +2.9% in the past three months against the Zacks Major Regional Banks industry’s gain of +1.9%. The Zacks analyst believes that opening of new branches, enhanced digital offerings, strategic acquisitions as well as efforts to manage expenses will continue to support profitability in the quarters ahead.
A strong balance sheet and liquidity position are expected to continue aiding the company’s financials. However, lower interest rates and the Federal Reserve signaling no near-term chance of change in the same are expected to keep hurting the bank’s margins and interest income. Muted lending scenario remains another major concern.
(You can read the full research report on Bank of America here >>>)
Other noteworthy reports we are featuring today include T-Mobile US (TMUS), Morgan Stanley (MS) and Applied Materials (AMAT).
Sheraz Mian
Director of Research
Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>>
Get the latest research report on BAC - FREE
Get the latest research report on MS - FREE
Get the latest research report on AAPL - FREE
Get the latest research report on UNH - FREE
Get the latest research report on AMAT - FREE
Get the latest research report on TMUS - FREE