The Best Stocks to Invest $5,000 in Right Now
You don't have to outthink the market or take big risks to profit off an investment. There are plenty of good healthcare stocks with strong momentum and solid financials that make great long-term choices. Two that come to mind are Danish pharmaceutical company Novo Nordisk (NYSE: NVO) and U.S.-based integrated healthcare benefits company UnitedHealth Group (NYSE: UNH).
The two companies share the tailwinds of increased spending on healthcare, including the aging of our population, along with the increasing complexity of medical care and the growth of chronic diseases, such as diabetes, that require ongoing treatment.
The companies have their own tailwinds as well, with Novo Nordisk building revenue off its weight-loss franchise and UnitedHealth Group finding its foray into Medicare Advantage to be lucrative. Over the past 10 years, both companies' total returns have easily outpaced the S 500.
Source Fool.com
UnitedHealth Group Inc. Stock
With 33 Buy predictions and 1 Sell predictions UnitedHealth Group Inc. is one of the favorites of our community.
With a target price of 543 € there is a slightly positive potential of 13.03% for UnitedHealth Group Inc. compared to the current price of 480.4 €.