NEW YORK ( TheStreet) -- Shares of UnitedHealth (UNH) - Get Report are up almost 22% so far in 2015 and with all that's going on in the insurance industry, they have the potential to go up much more, said Eric Schoenstein, portfolio manager for the Jensen Quality Value fund.
"Obamacare and, more importantly, the whole exchange playing field is going to be something that they can benefit from simply because of their size and scale and because of the kind of cash flow that they can produce and reinvest into making sure those are the best opportunities for health care consumers," said Schoenstein.
The Jensen Quality Value Fund is down almost 2% year-to-date and sports a trailing twelve-month yield of 1%, according to fund-tracker Morningstar. Shares of Pepsi (PEP) - Get Report are up almost 5% thus far in 2015 compared to its nemesis Coca Cola (KO) - Get Report which has seen its stock fall nearly 1%.
"There has been a lot of talk about quality being something that people are looking at, but it's been a defensive characteristic," said Schoenstein.
"The reality is that Pepsi is still a pretty good growth company and the combination of that growth and the quality or value idea makes it a pretty attractive opportunity for the foreseeable future."
Another mega-cap name Schoenstein likes for the Jensen Quality Value fund is advertising giant Omnicom (OMC) - Get Report, which has seen its stock drop 5.4% so far in 2015. Two weeks ago, Omnicom said its worldwide revenue fell 1.7% in the second quarter to $3.81 billion.
Excluding the impact of the dollar and acquisitions, revenue rose 5.3%.
Meanwhile, net income fell to $310 million from $318.9 million the prior year, although earnings a share rose to $1.26 from $1.23 - ahead of Wall Street estimates - due to fewer shares outstanding in the latest quarter.
"The release of Windows 10 is certainly beneficial and I do think that the new CEO Nadella is doing a really nice job of being transparent about how the company is moving forward," said Schoenstein.