247.63 0.00 (0.00%)
After hours: 5:39PM EDT
|Bid||247.19 x 1000|
|Ask||247.89 x 1200|
|Day's Range||245.51 - 249.36|
|52 Week Range||208.07 - 287.94|
|Beta (3Y Monthly)||0.89|
|PE Ratio (TTM)||19.23|
|Forward Dividend & Yield||3.60 (1.54%)|
|1y Target Est||N/A|
Shares of health care insurers have suffered lately as investors are spooked by the prospect of Medicare for All, but the threat may be overblown. Many believe it's far from a sure thing that a national health insurance plan will be implemented soon, even after the 2020 election. Although comprehensive Medicare for All legislation has been introduced in both chambers of Congress, the current Democratic leaders -- Senator Chuck Schumer of New York and Nancy Pelosi of California, the House speaker -- haven't endorsed it.
Health care plan stocks have made a remarkable recovery after a brutal month of selling in April. Play the turnaround using these trading tactics.
UnitedHealth Group (UNH) closed the most recent trading day at $249.33, moving -0.24% from the previous trading session.
In his "No-Huddle Offense" segment of his very popular Mad Money program, Jim Cramer answered the question of what investors should be buying as we brace for both a prolonged trade war and a possible slowdown in our economy. The managed care stocks had been crushed after several Democratic presidential candidates began calling for a single-payer model that promises "Medicare for all." But Cramer noted then, and now, that these proposals simply don't have enough support in Washington to make them a reality. In the daily bar chart of UNH, below, we can see a rally to a December zenith and a zig-zag decline to an April low.
For the past nine years, our primary goal with the Ultimate Stock-Pickers concept has been to uncover investment ideas that reflect the most recent transactions of our grouping of top investment managers in a timely enough manner for investors to get some value from them. In cross-checking the most current valuation work and opinions of Morningstar's own cadre of equity analysts against the actions of some of the best equity portfolio managers in the business, we hope to uncover a few good ideas each quarter that investors can dig into a bit deeper to see if they warrant further action. With all but one of Ultimate Stock-Pickers having reported their holdings for the first quarter of 2019, we now have a good sense of which stocks piqued their interest during the period.
Looking for a group of stocks that can withstand China, politics and a slowdown in the economy that the vast majority of investors are expecting? The stock hit $208 in the next day in the wake of Wichmann's fighting words, $79 below its all-time high of $287 Dec. 4 -- quite a comeuppance to what had been the safest large capitalization stock to invest in if the trade war escalated, which it certainly has.
"Unlike Bernie Sanders or Elizabeth Warren or Kamala Harris, Biden's against 'Medicare for All,'" the "Mad Money" host says.
The chief operating officer of Haven has stepped down, rattling observers of the effort, which had promised to disrupt the health-care industry.
At least two other companies are likely to soon depart the state's roster of Fortune 500 companies, which has long been a regional point of pride.
UnitedHealth (UNH) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Guru John Burbank (Trades, Portfolio), founder and chief investment officer of Passport Capital, released his first-quarter portfolio earlier this week, disclosing he established three new holdings and closed two other positions. Warning! GuruFocus has detected 2 Warning Signs with NFLX. During the quarter, Burbank took positions in Netflix Inc. (NFLX), Bandwidth Inc. (BAND) and Pan American Silver Corp. (PAAS).
“We should push the envelope and not be afraid to bring cases,” Slaughter, a Democrat on the Republican-controlled FTC, said Tuesday in a speech at the Center for American Progress in Washington. Slaughter’s remarks support the chorus of calls among lawmakers and policy advocates who say antitrust officials at the FTC and the Justice Department need to get tougher on mergers and anticompetitive conduct across industries. Slaughter also criticized UnitedHealth’s decision to withdraw from the Health Care Cost Institute, a non-profit that collects claims data.
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The largest Insider Buys this week were for UnitedHealth Group Inc. (UNH), Charles Schwab Corp. (SCHW), General Motors Co. (GM) and DTE Energy Co. (DTE). Director Frederick William McNabb III bought 6,430 shares of UNH stock on May 1 at the average price of $233.21. Warning! GuruFocus has detected 2 Warning Sign with UNH.
While equities roiled over the latest developments in the trade negotiations between the U.S. and China, the healthcare sector exchange traded funds were a stalwart bastion in the stormy markets. "The old saying people would say [is] "don't just stand there, do something." When volatility picks up, you do just the opposite — "don't just do something, stand there." But, while you're standing there, get a list of the stocks you like and the levels you like them at," Matt Maley, equity strategist at Miller Tabak, told CNBC. Tabak highlighted the relative stability in UnitedHealth (UNH), the country’s largest publicly traded health insurer, during the volatile market conditions.
Analyst Ralph Giacobbe upgraded Anthem, Centene, and UnitedHealth to Buy from Neutral, and says the selloff is overdone.
The Dow Jones Industrial Average is on course to close Friday with its worst weekly losses of the year as trade uncertainty continues to spook investors. Matt Maley , equity strategist at Miller Tabak, has some advice for those concerned over these wild market swings. For those seeking shelter, Maley says Dow stock UnitedHealth UNH is one name that offers some protection in a volatile market.
Biden's frontrunner status is good news for the pharmaceutical stocks and the hospital chains. More importantly, it's not too late to invest in these stocks because Trump keeps giving more reasons to bail on companies with exposure to China and circle the wagons around the pure domestics.
Stocks stage a comeback on more trade deal hopes. Should you buy the trade was victims? With CNBC's Kayla Tausche and Scott Wapner, and the Fast Money traders, Tim Seymour, Karen Finerman, Steve Grasso and Dan Nathan.