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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
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.
Source: MarketWatch - 🏆 3. / 97 Read more »
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.
Source: MarketWatch - 🏆 3. / 97 Read more »
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?
Source: MarketWatch - 🏆 3. / 97 Read more »
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!!!!
Source: MarketWatch - 🏆 3. / 97 Read more »
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.
Source: CNBC - 🏆 12. / 72 Read more »
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
Source: CNBC - 🏆 12. / 72 Read more »