Better Growth Stock: UnitedHealth Group vs. Johnson & Johnson
UnitedHealth Group (NYSE: UNH) and Johnson Johnson (NYSE: JNJ) are two of the largest healthcare companies in the world. One is focused on health insurance, while the other makes medical devices and pharmaceuticals. They both pay dividends and have generated good returns for investors over the years. But which one is the best option for growth-oriented investors today?
A health insurance company may not attract many growth investors, as that type of business isn't typically associated with high growth. And I suspect that's a key reason why the stock is fairly undervalued today, trading at only 18 times its estimated future profits. The S 500, by comparison, averages a multiple of 21.
UnitedHealth is more than just a health insurance company, however. Over the years, it has been expanding into analytics, home health, and other services. The company was even using deep learning and artificial intelligence years before it was a popular trend, to help improve workflows in Optum, its health services business.
Source Fool.com
UnitedHealth Group Inc. Stock
The stock is one of the favorites of our community with 42 Buy predictions and 1 Sell predictions.
As a result the target price of 547 € shows a slightly positive potential of 4.23% compared to the current price of 524.8 € for UnitedHealth Group Inc..
