Berkshire Hathaway Buys UnitedHealth Shares: Should You Follow Suit? | The Motley Fool

Berkshire Hathaway Buys UnitedHealth Shares: Should You Follow Suit? | The Motley Fool


For decades, UnitedHealth Group (NYSE: UNH) could do no wrong. The company raised its dividend by an exceptional 7,266% from 2010 to 2025, while shares rose as much as 1,700% during this run.

But shares have fallen roughly 40% year to date as the company faces a host of problems, from the murder of Brian Thompson, CEO of major business segment UnitedHealthcare, to federal investigations into allegedly fraudulent Medicare billing practices.

Nonetheless, shares surged 12% on Aug. 14 after filings revealed Berkshire Hathaway had bought over 5 million shares.

Continue reading



Source link

Spread the love