Will UnitedHealth Group Be a Trillion-Dollar Stock by 2030?

UnitedHealth Group (NYSE: UNH) is one of the largest healthcare companies in the world. Its market cap sits at around $470 billion. And this is a stock that has risen tremendously in value. In the past 10 years, it has outperformed the markets, achieving gains of over 600% while the S 500 has increased by around 180%.

Can UnitedHealth continue on its impressive trajectory and become a trillion-dollar stock by 2030 -- or perhaps even earlier?

While UnitedHealth Group stock has generated some incredible returns over the past decade, investors shouldn't assume that it's done growing, not by any stretch. This is a company that continues to have growth on its mind. Its long-term goal is for profits to rise between 13% and 16% per year, due in large part to the growth in its Medicare business.

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Source Fool.com