"When ultra-rich investors start coalescing into the same names or put an unusually large amount of money into a single stock, that should raise more interest. That's exactly what we're seeing with UnitedHealth (NYSE:UNH), , and Danaher (NYSE:DHR). These investors have far more resources than the average Joe. Perhaps, they know something about these investments that you don't. The current environment is pivotal, and certain rich investors are rotating into dividend stocks while the rest of Wall Street is busy with AI investments."
"UnitedHealth has been facing a litany of problems this year, and these problems are far from over. The company's insurance CEO was assassinated, it missed earnings, the group's CEO resigned, and guidance was shelved. All of those bad catalysts came in a very short timeframe and tanked the stock. But while retail ran for the exits, billionaires and multi-millionaires backed up the truck."
Ultra-wealthy investors are concentrating large stakes in names such as UnitedHealth and Danaher while many firms remain focused on AI. UnitedHealth experienced multiple severe setbacks this year: the insurance CEO was assassinated, it missed earnings, the group's CEO resigned, and guidance was withdrawn, which sank the share price. Prominent investors including David Tepper, Michael Burry, C.T. Fitzpatrick, Ravenel Boykin Curry IV, Andrew R. Adams, and Warren Buffett accumulated UNH shares. Buffett purchased five million shares worth $1.85 billion; Dodge & Cox bought about 3.237 million shares. UNH trades at discounted levels and yields 2.49 percent. Federal Reserve rate cuts will reduce Treasury yields and increase dividend stock appeal.
Read at 24/7 Wall St.
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