Insiders are buying UnitedHealth stock on crash
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Though UnitedHealth Group faces a barrage of negative news, recent heavy insider buying and technical indicators suggest peak pessimism and a potential bottom in the stock.
UnitedHealth (NYSE:UNH) stock looks attractive - making it a good pick to buy at its current price of around $320.
UnitedHealth shares dip, presenting a rare opportunity. High dividend yield, strong growth potential, and insider buying signal compelling long-term value.
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We're witnessing one of the most dramatic declines by major, well-capitalized stocks in recent memory. Health insurance giant UnitedHealth Group (UNH) is spiraling downward and there seems to be no bottom as the stock has lost ground for eight consecutive trading days, often by double-digit percentages.
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The Dow Jones Industrial Average (DJIA) is largely being held up slightly by UNH gains, while the S&P 500 and the NASDAQ Composite both sink moderately lower as the market deals with the fallout from Moody's downgrading US debt late Friday.
We recently compiled a list of the Traders Flee These 10 Stocks Today. In this article, we are going to take a look at where UnitedHealth Group Incorporated (NYSE:UNH) stands against other stocks that crashed yesterday.
UnitedHealthcare stock plunged again on Thursday after a new report in the WSJ said the company is facing a Medicare fraud probe.