UnitedHealth Is a Steady Investment for the Patient Investor
UnitedHealth Group (NYSE:UNH) erased around half of its losses from the December 2018–January 2019 period. Just as markets often get it wrong, it did so again with UNH stock when the company reported strong quarterly reports. With a proven management team, the company has a multiyear growth plan that embraces digitalization. So as UnitedHealth continues to cut costs, operate more effectively and increase revenue, investors will get rewarded. UNH stock is still around 10% below its 52-week high. And at a valuation of 15.6 times forward earnings, the stock may have more upside potential due to the outsized growth.