UnitedHealth shares log best day since 2020
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Shares of some of UnitedHealth’s peers got a bump in the wake of Berkshire’s investment in the healthcare giant, and they all look cheaper based on price relative to expected earnings.
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UnitedHealth Stock Is Having Its Best Day in Years. It Still Needs More to Cure Its Problems.
UNH stock soared after Warren Buffett’s Berkshire Hathaway revealed it bought shares of the healthcare company. Nonetheless, UnitedHealth faces a long list of unresolved issues.
Shares of UnitedHealth Group surged nearly 14% on Friday after billionaire Warren Buffett's Berkshire Hathaway bought 5 million shares of the company, providing a shot in the arm for investors who think the health conglomerate will turn around under its new CEO.
TheStreet. Warren Buffett is arguably the most successful investor of all time. He's amassed an amazingly massive net worth by buying and usually holding stocks for the long haul. Trained under legendary value fund investor Benjamin Graham,
UnitedHealth's yield is typically less than 2%, but nowadays, it's well over 3%. The stock experienced a steep decline in value this year as its financials underwhelmed investors. Rising costs, utilization rates,
Michael Burry's Scion Asset Management switched out a bet against Nvidia for a wager on Meta as it overhauled its stock portfolio last quarter.
The blue-chip Dow Jones ended higher after hitting an intraday record high on Friday, as UnitedHealth's shares jumped after Berkshire Hathaway raised its stake, but other Wall Street indexes slipped as mixed data clouded the Federal Reserve's next monetary policy move.
The conglomerate sold Apple shares during the second quarter, though the iPhone maker remains Berkshire’s largest stockholding.
UnitedHealth Group Incorporated (NYSE:UNH) is one of the stocks Jim Cramer shed light on. Cramer showed a slight bit of optimism toward the company as he said: “I think UnitedHealth’s going to work