UnitedHealth Stock Poised for Year-End Surge
UnitedHealth Group's stock has historically performed well in the last quarter of the year. According to Finom Group, since 2013, UNH has delivered an average gain of 9.5% from September 29 through December 3. This seasonal pattern gives the period a 93% hit rate.
Finom's analysis suggests that this is a viable trading opportunity. The group plans to put the trade into effect while disclosing its existing small position in UNH, which it owns as part of the Golden Capital Portfolio.
The company has already shown strong performance this year, with shares up 12.3% year-to-date through September 29. This compares to a 12.7% gain for the S&P 500 over the same period.