Warren Buffett, Berkshire Hathaway and UnitedHealth stock
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UnitedHealth Got a Boost From Berkshire’s Buying. 2 Reasons to Wait to Follow. UnitedHealth Group, the worst-performing stock in the Dow Jones Industrial Average so far this year, got a major boost last week from billionaire investor Warren Buffett. That doesn’t mean everyone else should buy.
Berkshire Hathaway ( BRK.A -0.05%) ( BRK.B 0.24%) is considered by many to be a reliable stock for long-term investors. It's outperformed the S&P 500 ever since a young Warren Buffett took over the company in 1965, and its evolution from an aging textile maker to a diversified conglomerate churned out millionaire-making gains.
Warren Buffett has cashed in a net $177 billion of stocks because he expects a downturn and plans to capitalize, Wedbush's Paul Dietrich said.
Berkshire Hathaway’s portfolio added six new stocks, including the three new secret stocks. Warren Buffett was a net seller of stocks for the eleventh straight quarter.
Berkshire Hathaway is deploying its $344B cash pile into undervalued stocks like UnitedHealth, while trimming Apple and BAC. See why BRK.A stock is a buy.
The conglomerate sold Apple shares during the second quarter, though the iPhone maker remains Berkshire’s largest stockholding.
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UnitedHealth Group shares climb as Buffett’s Berkshire Hathaway discloses stake in the insurer
Shares of UnitedHealth Group are surging before the market open Friday as Warren Buffett’s Berkshire Hathaway disclosed that it recently purchased shares of the beleaguered insurer.