Will UnitedHealth Group Be a Trillion-Dollar Stock by 2030?
In the realm of investing, market capitalization is a good but not perfect way to gauge the success of a business. Sure, sometimes companies are overvalued. But a company's market value can at least give you an idea of how much perceived value it provides to society.
There are currently just six U.S. businesses that hold the distinction of being in the $1 trillion market cap club. But as corporations grow revenue and profits over time, plenty of other candidates could eventually join this group. With a market value of $468 billion, UnitedHealth Group (NYSE: UNH) could become one of them.
But can it achieve this feat in the next seven years? Let's look at the math required to pull it off and the fundamentals to discern an answer.
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 14.2% for UnitedHealth Group Inc. compared to the current price of 475.5 €.
