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Recent Articles
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UnitedHealth Remains a Free Cash Flow Generating Powerhouse
Oct 15, 2024
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Image: UnitedHealth’s shares have done well the past few years, but a gloomy outlook for 2025 has prompted a selloff.
Looking to 2024, UnitedHealth Group lowered the high end of its guidance to the range of $27.50-$27.75 compared to $27.50-$28.00 previously due in part to higher than expected business disruption impacts for the affected Change Healthcare services. On the conference call, the company noted that its “2025 adjusted profit could be $30 per share (Seeking Alpha),” which was below consensus of $31.17 per share for the year. Though its medical care ratio advanced in the quarter and it continues to navigate the impact of cyberattack and direct response costs, we’re huge fans of UnitedHealth’s robust free cash flow generation, and we still like shares in the Best Ideas Newsletter portfolio.
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JPMorgan Continues to Generate Value for Shareholders
Oct 15, 2024
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Image Source: Hakan Dahlstrom.
During the third quarter, JPMorgan's book value per share was up 15%, to $115.15, while tangible book value per share grew 18%, to $96.42. Shares of JPMorgan aren’t cheap trading at north of 1.9x book value. JPMorgan is an important bellwether for the global economy, and its third quarter results spoke of continued strength and high returns on capital. We include Financial Select SPDR in the Best Ideas Newsletter portfolio to capture diversification benefits from the largest financial institutions. Shares of JPM yield approximately 2.3% at the time of this writing.
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Valuentum's Best Ideas Newsletter Portfolio
Oct 13, 2024
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We disclose the holdings of the portfolio of the Best Ideas Newsletter in this article. This portfolio can always be found in each edition of the monthly Best Ideas Newsletter.
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View Current and Archived Best Ideas Newsletters
Oct 13, 2024
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View previous editions of the Best Ideas Newsletter in this article.
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