Dow stock that's lost $34 billion in market cap in the last week could be a buy, says investor

  • 📰 CNBC
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 72%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Dow stock $UNH has lost $34 billion in market cap in the last week, but it could be a buy, one investor says (via TradingNation)

div > div.group > p:first-child"> Shares of the health insurance provider have lost nearly 12% in the last week, or roughly $34 billion in market cap. The weakness continued Tuesday after UnitedHealth reported earnings, with the stock shedding as much as 6% at the lows of the day.

But"the stock I think we should be focusing on today is UnitedHealth," he said."They beat earnings, they raised 2019 earnings, they had excellent cost management of their medical losses, but the stock is selling off big-time due to political noise." "Now, one thing I know is that politicians … have consistently for years attacked health-care costs and the health-care system," Binger said."And I also know that nothing gets done and it keeps going. So, today, I would take advantage of this. I would buy UnitedHealthcare. You've got a very cheap company that's growing revenue [by] high-single digits and earnings that are growing [in the] mid-teens. So I would own it today.

He does like the stock of Johnson & Johnson, however, noting that it's managed to hold above its trend line from 2016.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 12. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Trump’s obsessed with the stock market, but the Dow won’t determine who wins in 2020President Donald Trump enjoys a “narrow advantage” in the 2020 election thanks to a built-in incumbency advantage and an economic tailwind, partly offset by... The economy is 1 with most voters. This is not good for Dems in 2020. Neither will fake news mafia.
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »

Dow rises 200 points as healthy bank earnings, China trade data buoy marketsU.S. stocks open solidly higher on global growth optimism, alongside bullishly received bank earnings and a big jump for shares of Dow component Walt Disney... Maybe someone has increased his prayer.
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »

Dow gains more than 200 points as Disney, JPMorgan jump, healthy bank earnings buoy broader marketU.S. stocks rise Friday after a series of strong bank earnings, led by JPMorgan, boosted confidence in the U.S. economy while the Dow gained more than 200... What might be the likely factors for this?
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »

Stocks close higher on robust bank earnings, Disney helps propel Dow up triple digitsU.S. stocks end higher Friday after a series of strong bank earnings, led by JPMorgan, boosted confidence in the U.S. economy while the Dow gained more than... These are great news!!!!
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »

Dow futures point to a modest open ahead of earningsU.S. stock index futures were slightly higher Monday morning, as market participants awaited further earnings reports.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »

Dow futures slightly higher with earnings season set to kick offU.S. stock index futures were slightly higher Friday morning, as market participants awaited the start of earnings season. Future generations will look at the absolute moronic investors of today & shake their heads at their absolute and complete brainwashed responses to the biggest, fattest, ugliest, most overvalued stock market in HISTORY. Suicide rates are going to skyrocket even further w/in 2 yrs
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »