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1.31213572977861E-05 -0.000457111470507371 -0.00125110616093488 -0.00279851087852048 -0.00344817063867442 -0.00517225595801164 -0.00707942998382714 -0.0137316529858717
Stock impact report

Michael Hakes's Top Picks for Dec. 1, 2025 [BNN Bloomberg (Canada)]

UnitedHealth Group Incorporated (DE) (UNH) 
Last unitedhealth group incorporated (de) earnings: 4/15 05:55 am Check Earnings Report
US:NYSE Investor Relations: unitedhealthgroup.com/investors.aspx
Company Research Source: BNN Bloomberg
MARKET OUTLOOK: 2026 is the year of execution. If the remainder of 2025 holds, we will witness a rare “three-peat” of double-digit equity gains, driven by a stabilizing economy and the widely anticipated ”soft landing”. Most of the rally in 2025 has come from solid fundamentals and the remainder has come from multiple expansion. The next phase will rely on earnings execution. Estimates for 2026 have S&P 500 EPS climbing into the US$300 to $350 range (or nine per cent to 18 per cent), driven by productivity gains and sustained consumer resilience. At the midpoint of $325 EPS, the S&P 500 is trading at 20.9 times forward earnings. The AI investment cycle is shifting from the “build” phase to the “use” phase. The burden of proof in 2026 shifts to non-tech enterprises: they must show that they are adopting AI tools and they are driving revenue, margin expansion or both. On interest rates, markets have seemed to have accepted a “new neutral” where the Fed Funds Rate is project Show less Read more
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