UnitedHealth Group, Medicare and DOJ
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In a filing with the Securities and Exchange Commission, United Health Group said it has "full confidence" in its practices. It added that a court-appointed monitor found no wrongdoing after a decade-long probe into its Medicare Advantage business.
Stocks were mixed Thursday and the Dow Jones Industrial Average declined as UnitedHealth Group fell after saying it was “complying with formal criminal and civil requests” from the U.S. Department of Justice, and as IBM slumped following its second-quarter earnings.
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UnitedHealth's stock drop offers a rare value opportunity given recent acquisitions. UNH maintains industry-leading margins and growth. See more here.
We recently published 12 Stocks Jim Cramer Talked About. UnitedHealth Group Incorporated (NYSE:UNH) is one of the stocks Jim Cramer recently discussed. UnitedHealth Group Incorporated (NYSE:UNH) is one of the largest healthcare benefits providers in America.
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UnitedHealth Is Approaching a Pivotal Moment. Should Investors Buy the Stock Before July 29?
Disappointing second-quarter results from Elevance Health might not bode well for UnitedHealth Group. UnitedHealth Group could calm investors with new full-year guidance and details on how it will return to growth.
UnitedHealth Group is currently undervalued due to an overblown market reaction to profitability challenges. Click here to find out why UNH is a Strong Buy.