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Actionable news in UNH: UNITEDHEALTH GROUP INCORPORATED,

Is UnitedHealth Group Inc. (UNH) Worthy of Your Portfolio?

Hedge funds and other investment firms run by legendary investors like Israel Englander and Ray Dalio are entrusted to manage billions of dollars of accredited investors’ money because they are without peer in the resources they use to identify the best investments for their chosen investment horizon. Moreover, they are more willing to invest a greater amount of their resources in small-cap stocks than big brokerage houses, and this is often where they generate their outperformance, which is why we pay particular attention to their best ideas in this space.

Is UnitedHealth Group Inc. (NYSE:UNH) a buy here? The smart money seems to be getting less optimistic, as the number of long hedge fund bets decreased by three to 52 during the third quarter. However, the level and the change in hedge fund popularity aren’t the only variables you need to analyze to decipher hedge funds’ perspectives. A stock may witness a boost in popularity but it may still be less popular than similarly priced stocks. That’s why at the end of this article we will examine companies such as Citigroup Inc. (NYSE:C), PetroChina Company Limited (ADR) (NYSE:PTR), and HSBC Holdings plc (ADR) (NYSE:HSBC) to gather more data points.

If you’d ask most market participants, hedge funds are viewed as worthless, old investment vehicles of years past. While there are more than 8000 funds in operation today, Our researchers choose to focus on the elite of this group, around 700 funds. Most estimates calculate that this group of people handle the lion’s share of the hedge...


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