巴菲特等大佬，集体抄底，这家公司有何特别？

Core Viewpoint - The article discusses the significant investment by prominent investors, including Warren Buffett, in UnitedHealth Group amidst the company's struggles, indicating a potential opportunity for recovery in the healthcare sector [2][6]. Group 1: Investment Activity - Berkshire Hathaway disclosed a new position of 5.04 million shares in UnitedHealth Group, valued at approximately $1.57 billion, marking a return to the healthcare insurance sector after 14 years [2]. - David Tepper's Appaloosa Fund increased its holdings by 2.3 million shares, with a market value of $760 million, making it the second-largest position after Alibaba [2]. - Renaissance Technologies and Dodge & Cox also increased their stakes, with Renaissance adding 1.35 million shares and Dodge & Cox adding 4.73 million shares [2]. Group 2: Company Challenges - UnitedHealth is facing its worst year since the 2008 financial crisis, having suspended its annual performance guidance and replaced its CEO amid a criminal investigation by the U.S. Department of Justice [4][11]. - The company's stock price has dropped nearly 45% this year, making it one of the worst performers in the S&P 500 [5]. - The DOJ is investigating UnitedHealth's billing practices in Medicare Advantage, suspecting inflated diagnoses for additional government payments [10]. Group 3: Financial Performance - Despite the challenges, UnitedHealth reported revenues of $400.3 billion and a net profit exceeding $14.4 billion in 2024, demonstrating strong profitability [14]. - The stock's price has returned to 2020 levels, with a price-to-earnings ratio of only 12, indicating significant valuation attractiveness [16]. Group 4: Long-term Outlook - Supporters view UnitedHealth as a historically stable dividend growth stock, with a hypothetical investment of $10,000 in 2003 potentially growing to $181,000 over 20 years, despite recent declines [15]. - As one of the largest health insurance companies in the U.S., UnitedHealth's long-term prospects remain promising, with current difficulties seen as more short-term in nature [17].