Should You Buy This Unstoppable Healthcare Stock?
Operating in a growing industry is essential for a company to produce exceptional revenue and earnings growth.
And with steadily rising healthcare costs plus an expanding global population, few industries are as promising as health insurance. Healthcare industry analysts anticipate the global health insurance industry to grow at an annual rate of 6.6%, from $2.1 trillion in 2021 to $3 trillion by 2028.
As the largest health insurer in the world with a market capitalization of $469 billion, UnitedHealth Group (NYSE: UNH) is best positioned to cash in on the encouraging industry growth outlook. But should investors add the stock to their portfolio? Let's dig into UnitedHealth Group's fundamentals and valuation to answer this question.
Source Fool.com
