United healthcare group is an American multinational company that manages both healthcare and insurance. As well as providing well needed healthcare products and services the United health group is an extremely profitable company. The company is ranked 10th on the 2023 Fortune global 500 and has a market capitalisation of over $470 billion.
Furthermore, the seasonals for United health group are very strong at this time of the year. From November 6 through to the 29th of December the stock has gained on average 5.55%. The maximum gain has been over 15% and the maximum loss has been just over 5%. So does this make United healthcare group a buy on dips heading into the end of the year now the Fed may have indicated the peak in their rates?
Major Trade Risks:
The major trade risks here is if inflation remains sticky, the US economy stays strong, and the Fed has to hike rates even higher.
Remember don’t just trade it, Seasonax it!