Earnings Growth & Price Strength Make UnitedHealth Group (UNH) a Stock to Watch

Core Insights - The Zacks Focus List is a curated portfolio of 50 stocks expected to outperform the market over the next 12 months, serving as a starting point for long-term investors [2] - The Focus List has demonstrated strong past performance, gaining 13.85% in 2020 compared to the S&P 500's 9.38%, and a cumulative return of 2,519.23% since February 1, 1996, against the S&P's 854.95% [3] Focus List Methodology - Stocks are selected for the Focus List based on earnings estimate revisions, which are critical for predicting future growth and profitability [4] - The Zacks Rank, a proprietary stock-rating model, utilizes changes in quarterly earnings expectations to help investors build a winning portfolio, categorizing stocks into five groups from "Strong Buy" to "Strong Sell" [5] Spotlight on UnitedHealth Group - UnitedHealth Group has seen a significant increase of 387.93% in share price since being added to the Focus List at $120.33, now priced at$587.13 [6] - Recent upward revisions in earnings estimates for fiscal 2024 have led to a consensus estimate increase of $0.12 to$27.69, with expected earnings growth of 10.2% for the current fiscal year [6]