Is This Hot Dividend Stock a Buy for Growth Investors?
The name of the game in investing is to build life-changing wealth. This can be done by picking quality stocks, consistently investing additional capital, and holding for the long haul.
As a component of the Dow Jones Industrial Average, managed care company UnitedHealth Group (NYSE: UNH) fits the definition of a quality stock. But after gaining 7% last year, is the stock still a buy for growth investors? Let's check into UnitedHealth's fundamentals and valuation to find out.
As of Dec. 31, UnitedHealth Group served 151 million unique customers across its UnitedHealthcare health insurance business and Optum technology services business. Unsurprisingly, this tremendous size and scale is responsible for the company's $463 billion market capitalization. For context, this is a staggering 4 times larger than the $117 billion market cap of the next biggest health insurer, CVS Health.
Source Fool.com