warren buffett, UnitedHealth Group and Apple stock
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2don MSN
UnitedHealth Stock Is Having Its Best Day in Years. It Still Needs More to Cure Its Problems.
UNH stock soared after Warren Buffett’s Berkshire Hathaway revealed it bought shares of the healthcare company. Nonetheless, UnitedHealth faces a long list of unresolved issues.
The investment comes as UnitedHealth faces soaring medical costs, federal investigations, the fallout of the killing of a top executive and a cyberattack last year.
Buffett owned UnitedHealth shares before selling his stake in 2010, though his Berkshire Hathaway recently acquired shares.
Warren Buffett's modus operandi is to wait for price dislocations to present themselves. In a historically pricey stock market, locating value has been virtually impossible. Yet, with UnitedHealth Group stock losing more than half its value since the midpoint of April, a rare price dislocation has emerged.
2don MSN
Watch These UnitedHealth Price Levels as Stock Jumps After Buffett's Berkshire Reveals Stake
UnitedHealth shares surged Friday after Warren Buffett’s Berkshire Hathaway revealed a stake in the embattled healthcare giant. Monitor these major chart levels.
Warren Buffett’s Berkshire Hathaway resumed selling shares of Apple in the second quarter, offloading a stake worth more than $4bn as the billionaire investor continued to cut one of his most profitable trades.