Dividend.com: UnitedHeallth Looking Better

Johnson & Johnson is not recommended at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.

UnitedHealth Sees a Steady 2009 UnitedHealth Group(UNH Quote) just reaffirmed its guidance for the rest of 2008 and 2009 this morning.

Ahead of its annual investor conference tomorrow, the company expects earnings per share between $2.95 and $2.98 for 2008 and EPS of $2.90-$3.15 for 2009. The company sees revenue coming in between $85 billion and $86 billion in 2009, slightly above consensus estimates of $84.24 billion.

We have avoided shares of UnitedHealth Group since our June coverage began and the shares were trading at $33.01. The company has a low dividend yield of 0.14%, based on Friday's closing stock price of $21.01. We will be waiting to hear if President-Elect Barack Obama has any health care initiatives planned that may possibly derail the profit outlook for the HMO sector. We are still avoiding the shares here until we get a better sense of what happens with the new administration.

UnitedHealth Group is not recommended at this time, holding a Dividend.com Rating of 2.8 out of 5 stars.

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