UnitedHealth Group Incorporated
Long
Updated

UnitedHealth Group | UNH | Long at $323.00

601
UnitedHealth Group UNH currently has a P/E near 15x, steady rising revenue (2024 = $400+ billion), EPS of 6.24x, dividend of 2.2%, and earnings are forecast to grow by 10.8% per year. The stock, however, has plummeted recently due to negative news, rising healthcare costs, CEO changes, and suspension of 2025 outlook. Every company has bumps, but I view solid companies like UNH as pure opportunities for long-term investment - especially with America's aging population.

From a technical analysis perspective, the stock price has entered my "crash" simple moving average zone (which currently extends down near $307.00). Personally, this is the zone I am starting a position due to the odds of a future bounce from here. However, I am very aware that there is an open price gap near $265.00 that may get filled this year or early next. I could see a bounce in my crash zone to bring in the bulls and then a drop to that level to heighten the fear. That is another area I plan to grab more shares and build a strong position. But, in case it doesn't extend that low, I have started a position at $223.00, with future investments near $307.00 and below. I doubt this will be a quick turnaround stock - patience is where money is made.

Targets (into 2028):
  1. $375.00
  2. $475.00
  3. $580.00

Trade active
As anticipated, but ahead of schedule, the stock stumbled to close the daily price gap around $265. Now, all open price gaps are above that price. Added heavily to the position at $250 for an average price of $270.50. Now, just holding for the longer-term...

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