Will UnitedHealth Group Be a Trillion-Dollar Stock by 2030?
UnitedHealth Group (NYSE: UNH) is one of the largest healthcare companies in the world. Its market cap sits at around $470 billion. And this is a stock that has risen tremendously in value. In the past 10 years, it has outperformed the markets, achieving gains of over 600% while the S 500 has increased by around 180%.
Can UnitedHealth continue on its impressive trajectory and become a trillion-dollar stock by 2030 -- or perhaps even earlier?
While UnitedHealth Group stock has generated some incredible returns over the past decade, investors shouldn't assume that it's done growing, not by any stretch. This is a company that continues to have growth on its mind. Its long-term goal is for profits to rise between 13% and 16% per year, due in large part to the growth in its Medicare business.
Source Fool.com
UnitedHealth Group Inc. Stock
With 42 Buy predictions and 2 Sell predictions UnitedHealth Group Inc. is one of the favorites of our community.
With a target price of 547 € there is a slightly positive potential of 4.23% for UnitedHealth Group Inc. compared to the current price of 524.8 €.
