On Wednesday, the CEO of UnitedHealth was shot and killed. Ironically, the stock subsequently rose by about 3%, but since Wednesday, the stock is down 10%. It's definitely a sad event, however the stock is now down significantly and I'm thinking of overbought.
What do you think of this news? Are you overbought $UNHstock with the current decline?
Like looking at that chart, it looks fakr great and the performance over the last while is really nice, but we'll have to wait for a better price I guess.
UnitedHealth Group: steady growth in the health insurance and care sector
UnitedHealth Group Incorporated $UNH, a leading provider of health insurance and health care services, is an attractive option for investors, according to analyst Dunn. The company benefits from a diversified portfolio that includes not only health insurance, but also medication management and health care... Read more
In addition to $ASML, $UNH stock also fell significantly today . Due to lowered expectations, the stock fell more than 7% today. I have $UNH stock in my portfolio, but it's only a small position and I'm not likely to overbuy.
As earnings season gets underway there will be a lot to watch, last week $JPMBank kicked it off nicely by presenting beautiful results above analyst expectations. Let's see what the banks show us this week and they will also be joined by two tech giants along with the world's largest streaming platform. Here I bring you my... Read more
Next week will be very interesting in terms of company results. I will be most interested in the results of $BAC and $ASML, as I have these stocks in my portfolio. But I will also be interested in the results of $TSM, $UNH and $NFLX.
Which companies will you be most interested in next week?
Here is a summary of the interesting events that await us in the week ahead.
Monday:Fed Chairman Powell's speech 🗣️Jerome Powell will speak about the current state of the economy and USmonetary policy . His words may influence markets around the world.
Tuesday: US Retail Sales 🛒 The retail sales report will provide insight into consumer spending... Read more
Netflixy is going to be a pushover. That's where I think it will be most interesting. Subscribers are what often diminish in the summer as people travel and don't watch movies.
Shares of $UNH are gaining more than 6% after the results . I bought in a while ago and when the price drops a bit again after this rise, I will buy in again.
So congratulations on a good buy. I think the company is quality, P/E okay and I am thus in this business in $CVS which I like better on price and dividend but again they don't quite compare.
The whole week will be accompanied by an unpleasant situation on the Middle Eastnamely the attack Iran on Israel and the possibility of further conflict. The White House wants to calm the situation to avoid escalation. This conflict could significantly affect the price of oil.
However, let us look at the key events that will bring... Read more
I'm already invested enough in $CVS but I'm keeping my purchase below $70 so I'll buy in, just to see if I can get below that price, as I see others do too. 😊 I put $UNH on my radar, I like it too, but as Jan writes below, personally I would wait and see how the situation turns out, the price could still fall a bit after the results, because those sales will probably drop a bit now.
Shares of $UNH are down less than 10% this year and the current price doesn't look bad at all for a buy. It's a nice business for me and it's a nice diversification of the portfolio, I've been overbought for a while but I'll probably overbuy again.
Here are tips on 5 quality stocks with P/E below the 5-year average, 5-year earnings per share growth and great LTM ROIC (Return on invested capital over the last year) 💵:
Visa $V 💳 An international financial technology company that plays a key role in the world of cashless payments.
NTM P/E (Price/Earnings ratio for the next twelve months): 27.91x
Like looking at that chart, it looks fakr great and the performance over the last while is really nice, but we'll have to wait for a better price I guess.