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UnitedHealth (UNH) Sets Sights on AI, Climbs 7%
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The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational. UnitedHealth Group Inc. (NYSE:UNH) is one of the 10 Resilient Stocks in a Sea of Uncertainties. UnitedHealth climbed by 6.96 percent on Tuesday to close at $346.01 apiece as investors cheered its plans to invest in artificial intelligence, while welcoming a higher growth outlook for full-year 2026. In an updated report, UnitedHealth Group Inc. (NYSE:UNH) said that it is underway with a series of corporate strategies to modernize and simplify its operations, including making significant investments in AI and cybersecurity. Photo by Ken Wolter on Shutterstock It would also continue to exit non-US businesses and put focus back at home, as well as buy back $2 billion worth of its common shares in a bid to boost company and shareholder value. The latter is targeted for completion by the end of the second quarter. In other news, UnitedHealth Group Inc. (NYSE:UNH) raised its growth outlook for full-year 2026, with earnings per share (EPS) targeted to grow by 1.5 percent to more than $17.35 per share from $17.10 previously. Adjusted EPS is also raised by 2.8 percent to $18.25 from $17.75 prior. Last quarter, UnitedHealth Group Inc. (NYSE:UNH) saw its net income attributable to shareholders end flat at $6.3 billion, as the company navigated rising medical costs. Revenues, however, grew by 2 percent to $111.7 billion from $109.57 billion in the same period last year. While we acknowledge the potential of UNH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey on Google News.
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