UnitedHealth’s Pause: From Growth to Repair Mode

Earnings fall, valuations reset, but the long-term engine of compounding remains intact.

Nov 04, 2025

∙ Paid

Investment Thesis

UnitedHealth Group UNH 0.00%↑ is the largest healthcare company in the U.S., with two major engines: UnitedHealthcare, its insurance business, and Optum, its services arm spanning clinics, pharmacy benefits, and analytics.

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