United Health (wish I wasn’t asking this)

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In light of the tragic news concerning their CEO, the share price has been walloped. In less I am mistaken, nothing has really changed for a long-term investor. Perversely, this seems to present a buying opportunity. What are your thoughts on the matter? It will remain a foundational stock, n’est pas?

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Asked on December 6, 2024 10:35 am
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I don’t see UNH in Dan’s Portfolio 🤔
(Rick Reeves at December 7, 2024 3:03 am)
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The news is horrible no doubt, but has very little impact on the long-term investment thesis of the company. Keep in mind, this was not UnitedHealth's Groups CEO, which is technically the company on the Foundational List, but UnitedHealthcare, which is an underlying company that focuses on their medical benefits division. A big part of the business no doubt, but still, the main CEO of the company was not killed.

The only thing that could impact the business to the point I'd remove it from the Foundational Stock list is if they hired someone I felt was completely poor for the position. I highly doubt that will happen.

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Posted by Dan Kent
Answered on December 7, 2024 7:53 pm
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