UnitedHealth's 6.4% Drop Brings Microsoft This Much Closer to Becoming the Most Important Stock in the Dow Jones Industrial Average
Microsoft (NASDAQ: MSFT) is currently the only company worth over $3 trillion. That makes it the most heavily weighted stock in both the S 500 and the Nasdaq Composite, but not the Dow Jones Industrial Average.
However, a 6.4% decline in UnitedHealth Group (NYSE: UNH) stock on April 2 has pushed Microsoft just 8% away from becoming the most valuable stock in the Dow Jones. Here's why UnitedHealth sold off and why Microsoft has a long runway for earnings growth, as well as a path to eventually surpassing UnitedHealth.
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Source Fool.com
UnitedHealth Group Inc. Stock
€524.80
1.740%
The stock is one of the favorites of our community with 42 Buy predictions and 2 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..
