United HealthGroup Inc. (NYSE: UNH)
UnitedHealth Group Incorporated (NYSE: UNH) is an impressive health care firm that possesses a solid balance sheet and has generated consistent cash flow.
The company is a combination of UnitedHealthcare – a leader in U.S. health insurance – and Optum, a data-centric business that provides services, software and information products to UnitedHealthcare as well as other health insurers.
UnitedHealth Group is the world’s largest provider of health insurance policies, bringing in more than $240 billion in annual revenue.
The company has performed well in spite of the Covid-19 pandemic, posting $62 billion in revenue in the 2nd quarter of 2020 — the height of the pandemic.
Earnings per share were up 91%, and the company’s partnership with Microsoft on a smartphone app to help workers return to the job should continue to help drive additional growth in the short-term.