UnitedHealth, UNH
Digest more
Given the potential breadth of upside, retail investors may consider a straightforward approach of acquiring UNH stock in the open market. However, for speculators interested in leverage, market makers appear to be offering a rather generous payout for the 310/320 bull call spread expiring Oct. 17.
UnitedHealth Group has attracted major contrarian investors like Buffett, Burry, and Simons. Click here to read why UNH stock is a Buy.
Berkshire’s Big Bet on UnitedHealth Berkshire Hathaway’s (NYSE:BRK-A)(NYSE:BRK-B) release yesterday of its latest 13F filing sent ripples through the market as it revealed a new 5 million share stake in UnitedHealth Group (NYSE:UNH) worth approximately $1.
Year to date, the stock has fallen by nearly 45%, which is by no means normal for the healthcare stock. In fact, this is the worst it has performed since the Great Recession, when it tumbled by more than 54% in 2008.
I initiate my coverage on UNH with a hold rating. Despite attractive valuation, with the P/E near 2014 levels and EV/EBITDA ~30% below sector median,
UnitedHealth Group Inc. (NYSE:UNH) shares climbed Friday after high-profile investors Michael Burry and Warren Buffett took positions in the insurance giant, offering some relief to a stock that has tumbled about 41% year-to-date.
UnitedHealth Group on Thursday confirmed several reports in recent months that the Department of Justice is probing aspects of its business.