UnitedHealth Shares Finding Their Mojo Again
Investing.com - UnitedHealth Group (NYSE:UNH) has been a big reason why the Dow has held its own lately. The world's largest health-insurance company was the Dow's best performer last week, up 6.73% adding 108 points to the index by itself. The UnitedHealth rally is part of the easing of recent selling pressure on health stocks generally. The selling in health stocks seemed prompted by investor panic over the push by Democrats on health-care-for-all plans. But many analysts noted that, even if a plan was passed by the House of Representatives, it would face intense industry opposition, with UnitedHealth a big leader, and will get nowhere in a GOP-ruled Senate.