Health Care Heading For Gains?

Healthcare Text Screenshot Near Green Fern Leaf

Image Source: Pexels


United Healthcare Group (UNH) is an American multinational company that manages both healthcare and insurance. As well as providing well-needed healthcare products and services the United Health Group is an extremely profitable company. The company is ranked 10th on the 2023 Fortune global 500 and has a market capitalisation of over $470 billion.

Furthermore, the seasonals for United Health Group are very strong at this time of the year. From November 6 through to the 29th of December the stock has gained on average 5.55%. The maximum gain has been over 15% and the maximum loss has been just over 5%. So does this make United Healthcare Group a buy on dips heading into the end of the year now the Fed may have indicated the peak in their rates?

Major Trade Risks: The major trade risks here is if inflation remains sticky, the US economy stays strong, and the Fed has to hike rates even higher.

Video Length: 00:02:14


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Disclaimer: Past results and past seasonal patterns are no indication of future performance, in particular, future market trends. seasonax GmbH neither recommends nor approves of any particular ...

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