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UnitedHealth Group Reiterates 2024 Adjusted Net Earnings Outlook

publication date: Apr 16, 2024
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Image: UnitedHealth Group’s shares have been choppy during the past couple years. 

UnitedHealth Group’s shares have seen better days as the firm works to recover from a cyberattack, while the industry’s medical costs are on the rise as patients begin to pursue procedures that were deferred during the peak of the COVID-19 crisis. Though it may be some time for UnitedHealth Group’s performance to normalize given the cyberattack and pent-up demand, we liked that it maintained its adjusted net earnings outlook for 2024 amid concerns of rising costs. UnitedHealth remains a key idea in the Best Ideas Newsletter portfolio.

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