Chart of Day: UnitedHealth Group (UNH)
Some of the best opportunities on the market are trading at unsustainable 52-week lows.
They’re even more attractive if they pay out regular dividends.
Not only can you benefit from their higher yields, but you have an opportunity to cash in on the stock’s recovery. Look at beaten down shares of UnitedHealth Group, for example.
UnitedHealth Group (UNH)
With a yield of 2.1%, beaten-down shares of UnitedHealth Group are also attractive.
Granted, the stock fell apart after missing earnings and cutting guidance.
In fact, its EPS of $7.20 missed by nine cents. Revenue of $109.58 billion, up 9.8% year over year, missed by $2.02 billion.
The company also revised its 2025 adjusted earnings outlook to $26.00 to $26.50, down from $29.50 to $30.00 per share. All of which led several firms to cut their price targets or downgrade the stock.
However, it also appears the UNH stock has priced in the negativity. Now trading at $399, we’d like to see the stock initially retest $480. Fear has become an opportunity for UNH
Ian Cooper is an experienced trader who uses a combination of technical, fundamental, and news analysis to help individual investors grow their wealth. Ian’s Premium Options Strategies