|Bid||285.11 x 900|
|Ask||285.81 x 800|
|Day's Range||284.12 - 287.81|
|52 Week Range||208.07 - 287.81|
|Beta (5Y Monthly)||0.64|
|PE Ratio (TTM)||20.77|
|Earnings Date||Jan 13, 2020 - Jan 17, 2020|
|Forward Dividend & Yield||4.32 (1.52%)|
|1y Target Est||300.24|
DOW UPDATE Shares of UnitedHealth and Apple Inc. are posting strong returns Friday morning, propelling the Dow Jones Industrial Average into positive territory. Shares of UnitedHealth (UNH) and Apple Inc.
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Diplomat Pharmacy, Inc. ("Diplomat" or the "Company") (NYSE: DPLO) in connection with the proposed acquisition of the Company by UnitedHealth Group's (NYSE: UNH) OptumRx. Under the terms of the acquisition agreement, DPLO shareholders will receive $4 per share in cash.
Starbucks staked out an early lead, as the Dow Jones today led the stock market higher ahead of a White House meeting on China trade issues.
UnitedHealth Group Inc. has business interests in almost every part of health care, including insurance, surgical centers and pharmacy benefits. But now it's expressing interest in a new target: iPhone apps.
One of the most attractive reasons to invest in health-care stocks continues to be the world's aging population.The United Nations says people age 65 and older are the fastest-growing age group worldwide. It estimates that by 2050, one out of every six people will be 65 or older, accounting for 16% of the planet's total population, up from 9% in 2011. That figure is even larger in Europe and North America, where the U.N. predicts the number will be closer to 25%. The demand for health-care products and services should only increase as a result.Yes, health-care stocks will be coming off a weak 2019. Through mid-November, the S&P; 500 was sitting on nearly 25% gains, while the sector had improved by roughly half that. They'll also have to contend with uncertainty regarding the future of health care as the 2020 presidential election approaches. But don't sleep on the space in the year ahead.For one, health-care stocks tend to outperform during periods of economic weakness. For instance, the Health Care Select Sector SPDR Fund (XLV) delivered a 39.6% total loss (share price plus dividends) during the 2007-09 bear market - more than 15 percentage points better than the S&P; 500\. Thus, headlines warning of an economic slowdown or even a recession in 2020 actually bode well for the sector.Also, health care has traded at a price-to-earnings ratio more expensive than the overall market more often than not over the past 20 years. However, according to the Charles Schwab Center for Research, the sector's P/E currently is cheaper than the S&P; 500, providing a better buying opportunity.Here, then, are the 13 best health-care stocks to buy for 2020, including a couple of funds for investors who want to diversify. SEE ALSO: Every Warren Buffett Stock Ranked: The Berkshire Hathaway Portfolio
In the latest trading session, UnitedHealth Group (UNH) closed at $277.54, marking a -0.95% move from the previous day.
Moody's Investors Service ("Moody's") placed the ratings of Diplomat Pharmacy, Inc. ("Diplomat") under review for upgrade. Moody's changed the outlook to rating under review from developing. OptumRx is part of UnitedHealth Group Incorporated, which has senior unsecured debt rated A3 with a stable outlook.
Dow book a triple-digit loss Monday, and all three major U.S. stock indexes end lower, as investors wait on global central bank policy updates this week and a key tariff deadline on Sunday.
You might think the hard-money, recession-at-every-corner crowd would be predicting an imminent reversal in the stock market given the 20% gain for the Dow Jones Industrial Average this year. Not necessarily.
Diplomat Pharmacy (NYSE: DPLO ) shares are trading lower on Monday after the company received a $4 per share acquisition offer from UnitedHealth Group's (NYSE: UNH ) OptumRx. Optum is UnitedHealth Group's ...
UnitedHealth Group Inc. said Monday it will spend about $300 million to acquire Diplomat Pharmacy Inc., a specialty pharmacist that had been struggling to compete in an industry increasingly dominated by health-industry giants.
Diplomat Pharmacy Inc on Monday agreed to UnitedHealth Group Inc's over $300 million buyout offer, weeks after it warned of its inability to pay off some of its debt amid intense competition in the pharmacy benefits management business. Health insurer UnitedHealth's offer of $4 per share in cash is at a 31% discount to Diplomat's closing price on Friday and is a far cry from the company's peak market valuation in 2015, when its shares had traded as high as $52. "It's hard for me to call it (UnitedHealth's offer) a godsend on a stock that has gone from over $50 to now a take-under... I would not call this a great day for Diplomat," Baird analyst Eric Coldwell told Reuters.
Diplomat, the Flint, Mich., pharmacy- and infusion-services provider, had considered a number of strategic options.
OptumRx, the pharmacy care services business of Optum, and Diplomat, a provider of specialty pharmacy and infusion services, are combining.
Admittedly, I work for several employers, but it’s all virtual. Over the last five years U.S. workers working remotely grew 44% to around 4.7 million, according to research by job board Flexjobs.com in partnership with Global Workplace Analytics. In a study conducted by Condeco Software, 41% of global businesses surveyed say they already offer some degree of remote working.
The November jobs report delivered today before the opening bell brought some holiday cheer and that was enough to send stocks soaring to close the week as the major equity benchmarks closed higher for a third consecutive day.Source: Provided by Finviz * The S&P 500 surged 0.91% * The Dow Jones Industrial Average rallied 1.22% * The Nasdaq Composite soared 1% * For the second time this week, industrial 3M (NYSE:MMM) was the Dow's daily leader, advancing 4.32% on news of an asset saleThe Labor Department said the U.S. economy added 266,000 new jobs last month, while the October number was revised higher to 156,000. Economists were expecting the addition of 180,000 jobs in November.Alright, so let's assume there are naysayers out there and there probably are. They'll say, and they're not wrong, that November report was aided by 41,000 General Motors (NYSE:GM) employees heading back to work, seasonal hiring for the holiday shopping season and census hiring. All true, but even combined, those factors likely didn't account for 266,000 jobs in a single month.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Hot Stocks for 2020's Big Trends Moreover, the unemployment rate dipped to a 50-year low of 3.9% while wages rose 3.1%. Some investors may be apt to look for the political implications of these numbers and there are undoubtedly some, but these numbers also reveal that near-term downside for stocks may be limited and that's obviously good news.In late trading, 27 of the Dow's 30 components were in the green and of the three losers, downside was limited. UnitedHealth (NYSE:UNH) was the Dow's worst performer today, but its Friday loss was modest and that stock has been on a tear of late. 3M RenaissanceIndustrial conglomerate 3M is one of the Dow's worst-performing names this year and it will take a miracle, Christmas or otherwise, for the shares to finish the year flat. A 13.70% year-to-date loss is difficult to overcome with not many trading days left in the year.However, 3M did give investors reasons to cheer today as it paced the Dow on rumors that the company is mulling a sale of its drug delivery systems unit, which could command $1 billion. That's not jaw-dropping news for a $95 billion company, so the stock's move today was likely more attributable to the jobs report and news that China is planning to waive some tariffs on U.S. commodities imports.That's relevant to 3M because the stock is trade sensitive and with China showing a gesture of good faith, President Trump may decide to back off of tariffs slated to go into effect on Dec. 15. Consumer CheerThe aforementioned jobs report wasn't the only cheery piece of economic data out today. The University of Michigan's preliminary sentiment index for December jumped to 99.2 from from 96.8 last month. An interesting element of that report is that respondents were divided along partisan lines with Republicans feeling good while sentiment among Democrats declined.Politics aside, the Dow's three consumer discretionary names -- Home Depot (NYSE:HD), McDonald's (NYSE:MCD) and Nike (NYSE:NKE) -- all closed higher. Underscoring the strength in that trio, McDonald's was the worst performer today, adding about half a percent.Keeping with theme of consumer strength, Walmart (NYSE:WMT), the largest domestic retailer, meaning it's highly levered to the jobs and consumer sentiment data points, added 0.94%. Disney DividendWalt Disney (NYSE:DIS) announced a modest dividend increase, saying its payout for fiscal 2019 will be $1.76 a share, up from $1.72 in fiscal 2018. That works out to 88 cents per share on a semi-annual basis. * 10 Stocks That Should Be Every Young Investor's First Choice "This has been a monumental year for The Walt Disney Company, marked by the launch of our new streaming service Disney+ and the completion of our acquisition of 21st Century Fox," said Disney CEO Bob Iger in a statement. "We are pleased to deliver another substantial dividend to shareholders as we continue to invest in the company's future." Bottom Line on the Dow Jones TodayFor those addicted to Federal Reserve rate cuts, today's data points weren't good news, but that's good news for the rest of the market. Sure, November's pace of job creation will be difficult to maintain, but even it remains simply "strong," the Fed won't be compelled to trim rates again anytime soon."We see the current stance of monetary policy as likely to remain appropriate as long as incoming information about the economy remains broadly consistent with our outlook of moderate economic growth, a strong labor market and stable inflation," said Fed Chairman Jerome Powell in Congressional testimony last month. "There is nothing in the November jobs report would seem to undermine that view."As of this writing, Todd Shriber did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Hot Stocks for 2020's Big Trends * 7 Lumbering Large-Cap Stocks to Avoid * 5 ETFs for Oodles of Monthly Dividends The post Dow Jones Today: Jobs Jubilee Sends Stocks Soaring appeared first on InvestorPlace.
Stocks moved modestly on a day in which Democratic leadership in the House confirmed articles of impeachment will be filed against President Trump, indicating the trade relationship with China is a bigger priority for markets than party politics. * The S&P 500 rose 0.15% * The Dow Jones Industrial Average climbed 0.10% today * The Nasdaq Composite advanced 0.05% * Supported by positive analyst chatter, Nike (NYSE:NKE) was the Dow leader today, jumping 2.21%.Talk that President Trump could back off tariffs on Chinese imports set to go into effect on Dec. 15 along with reports that officials from both sides remain engaged in talks lifted stocks today."Chinese officials are in 'close contact' with their American counterparts on negotiations, said Ministry of Commerce spokesman Gao Feng," reports Bloomberg.InvestorPlace - Stock Market News, Stock Advice & Trading TipsStill, not all of the China-related headlines out Thursday were perfect. For example, Treasury Secretary Steven Mnuchin said earlier today he supports China being removed from a World Bank program designed to help smaller, less affluent nations refinance debt. * 7 Retail Stocks to Buy That Dominated Thanksgiving Shopping "Mnuchin added that the selection of former Treasury Undersecretary David Malpass as the World Bank's president earlier this year gives him confidence the institution will revise its practices to make its lending more equitable." according to CNBC.Those comments may have capped stocks' gains today as just 14 of the Dow's 30 members were higher in late trading. Nike Runs Higher On Goldman UpgradeAs noted above, Nike was the best-performing name in the Dow today and an upgrade from Goldman Sachs explains why the stock surged. Nike entered Thursday with a year-to-date gain of 26%, putting it ahead of the S&P 500 and well ahead of the Dow. Goldman Sachs analyst Alexandra Walvis believes the good times can continue next year.She upgraded Nike to "buy" from "neutral" while adding the stock to Goldman's prestigious conviction buy list."Evidence of building pricing power, signs of operating leverage, accelerating shift to differentiated retail, sharply scaling app ecosystem, and a constructive global athletic growth backdrop," said Walvis in a note to clients.The analyst has a $112 price target on Nike, implying upside of about 20%. Happy Holidays With AppleApple (NASDAQ:AAPL) is classified as a technology stock, but it's very much levered to strength in the consumer sector, making it a credible play on the holiday shopping theme. Wall Streets seems to agree with that sentiment.Today, Citigroup analyst Jim Suva reiterated a "buy" rating on Apple, noting that the holiday season offers plenty of catalysts for the stock."This Christmas is different for Apple," said the Citigroup analyst. "Apple's product offerings as well as pricing strategies and recent demand trends augur for a better Christmas quarter compared with last [fiscal] year when Apple negatively preannounced." Good News For This SectorThe healthcare sector, the second-largest group in the S&P 500 behind technology and an important part of the Dow as well, has been getting plenty of attention thanks to a recent resurgence. Dow component UnitedHealth (NYSE:UNH) has been leading that climb and that stock, along with fellow Dow member Johnson & Johnson (NYSE:JNJ) traded higher today.In other words, it was a mixed bag for Dow healthcare stocks on Thursday with Pfizer (NYSE:PFE) trading lower. But don't fret. Healthcare is looking healthy and could be a rewarding defensive play in 2020. * 10 Hot Pot Stocks to Buy "I believe that it's broken out so strongly that even after … it works off that overbought condition, it's going to rally higher … if we do have a big scare on the tariff side. But it also should rally even if the whole market moves up. So it's kind of a win-win situation, again, after a little bit of a breather on the near term," said Matt Maley, chief market strategist at Miller Tabak, of the healthcare sector in a CNBC interview. Bottom LineTwo days in a row of good/no bad news on the trade front is encouraging, but near-term bullishness will be tested tomorrow when the Labor Department delivers the November jobs report before the bell. The ADP private payroll survey out earlier this week was weaker-than-expected, indicating the same could be true of the more Labor Department number.Economists are expecting the addition of 185,000 new jobs last month. If the number comes in well below that level and the October and September numbers are revised lower, Friday could be a rough day for riskier assets.As of this writing, Todd Shriber did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Retail Stocks to Buy That Dominated Thanksgiving Shopping * 6 Manufacturing Stocks to Buy as the Economy Recovers * The 7 Best Cryptocurrencies to Buy as Blockchain Heats Up The post Dow Jones Today: Trade Influenced Stocks More Than Impeachment News appeared first on InvestorPlace.
Heather Holic moved to Orlando in 1999 to go to the University of Central Florida and never left, quickly becoming one of the area's most promising leaders. Holic, 38, is regional vice president of Florida markets for UnitedHealthcare of Florida Inc. in Maitland — whose parent company is Minnetonka, Minnesota-based UnitedHealth Group Inc. (NYSE: UNH). Holic oversees five teams with 33 employees in Orlando, Jacksonville, Tampa, Pensacola and South Florida.
Tilly's and Five Below rallied, while Nike led the Dow Jones today as the stock market looked to add a second day to its rebound.
The United Health Foundation released the 2019 America’s Health Rankings® Annual Report that marks 30 years of public health progress and challenges.