7 Health Care Stocks to Buy Even if the Economy Gets Sick - 3 of 7

 
 

#3 - UnitedHealth Group (NYSE:UNH)

How you feel about UnitedHealth Group (NYSE:UNH) will depend on how much you like the company’s growth outlook. The company is the world’s largest health insurer. The company just posted a year of record earnings and revenue. And the company’s revenue is only expected to increase for the next two years. If you believe that higher earnings are a precursor to a growing share price, than UNH stock looks like a solid buy.

The stock is trading close to its consensus price target. However, since its latest earnings report, two analysts have given UNH stock a significantly higher price target. The stock is also a favorite among institutional investors.

And income-oriented investors should love the company’s dividend that currently pays $5.80 per year. This is an example where the dividend yield of 1.13% doesn’t look that impressive, but the payout makes it very rewarding. And UnitedHealth has increased the dividend in each of the last 13 years.

About UnitedHealth Group

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage. Read More 
Current Price
$522.90
Consensus Rating
Moderate Buy
Ratings Breakdown
15 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings.
Consensus Price Target
$570.05 (9.0% Upside)

 

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