UnitedHealth, Dow Jones & Company and Stock
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Seeking Alpha analysts piled up bullish views on UnitedHealth Group (NYSE:UNH) as the stock crashed ~13% on Thursday after a report on a criminal investigation initiated by the Department of Justice added to the company’s latest woes.
Few stocks have been as resilient as UnitedHealth Group ( UNH 8.14%). The company operates the largest health insurance business in the U.S. It runs the second biggest pharmacy benefits manager (PBM). And UnitedHealth Group has a fast-growing healthcare technology and services unit with Optum.
UnitedHealthcare stock plunged again on Thursday after a new report in the WSJ said the company is facing a Medicare fraud probe.
The company has said in regulatory filings that investigations, audits and reviews by a dozen different government agencies are currently underway.
UnitedHealth's challenges are manageable, leadership changes boost confidence, and long-term growth shows promise with 15% CAGR. See more on UNH here.
UnitedHealth (NYSE:UNH) stock looks attractive - making it a good pick to buy at its current price of around $320.
Blue-chip health insurer UnitedHealth (UNH) is weighing on the Dow today after a suspended guidance and C-suite shakeup
Key Takeaways UnitedHealth shares jumped Friday after tumbling to a pandemic-era low on Thursday following reports that the company is being investigated for possible Medicare fraud.After staging a decisive close below the 50- and 200-day moving averages in mid-April,