UnitedHealth: We See Significant Long-Term Upside

Yagi Studio/DigitalVision via Getty Images In late November of last year, we called UnitedHealth (NYSE:UNH) our 'Top Idea for 2024'. While there are loads of stocks that we were bullish on back then, we thought UNH had the highest percentage chance to produce meaningful returns throughout the year. This was due to the company's strong operating plan, in addition to - what we viewed as - an attractive multiple at only 24x net income. Fast-forward to the present, and our thesis hasn't quite played out how ...