Warren Buffett, UnitedHealth Group
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UnitedHealth Group has attracted major contrarian investors like Buffett, Burry, and Simons. Click here to read why UNH stock is a Buy.
This investment signifies Buffett's re-entry into UNH after liquidating his entire position back in 2010, indicating that he perceives significant value at
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.
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Zacks.com on MSNBuffett's Shot in the Arm Sends UnitedHealth Soaring Against the Odds
Buffett's $1.57B bet on UNH sparks a 12% surge, lifting peers despite sector headwinds and recent struggles at the insurer.
On Friday, high-profile investors Michael Burry and Warren Buffett took positions in UnitedHealth Group Inc. (NYSE:UNH). Warren Buffett's fund bought little more than 5 million shares, and Burry disclosed in 13F filings that he purchased call contracts against 350,
UnitedHealth was a star stock late last week, when it was revealed that Warren Buffett's Berkshire Hathaway had taken a $1.6 billion stake in the company's equity. On Monday, lingering positive sentiment on UnitedHealth was boosted by that price target bump.
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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 mystery stock purchase has sparked speculation and a frenzy. The only certain clue is that it's not a bank, insurer, or consumer products company.