BREAKING: Trump vs. Elon Feud Threatens Your Retirement – Protect Yourself NOW (From American Alternative) Congress’s May Stock Trades: What They Know That You Don’t May brought another round of congressional stock trades, but no red flags were raised by the activity reported as of mid-June. There were no sudden volume spikes, no mass rush to the exit or flood into a new name. The biggest takeaways are that Representative Marjorie Taylor Greene (R-GA) remains one of the most active traders, making dozens of position changes throughout the month, and most of the activity was among Republicans. The other prolific May trader is Representative Robert Bresnahan (R-PA), not a name that regularly appears in the MarketBeat rankings. His activity aligns with a significant portfolio change, as he sells names in numerous sectors and buys a comparable number of positions to offset them. If you're collecting or planning to collect social security...
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When you take the next step, you could qualify for up to $10,000 in FREE GOLD & SILVER with your purchase of a qualified account. Click here to get the IRS Gold Loophole Report now Marjorie Taylor Greene Times the Bottom for UnitedHealth Group Marjorie Taylor Greene's standout trade is a purchase of UnitedHealth Group (NYSE: UNH). UNH shares shed more than 50% in a matter of weeks, driven by a robustly negative news cycle. She bought at the lows of the movement on May 14 and 16. However, she is not the only one. UNH stock’s trading volume on those days was at record levels, marking a likely bottom for the sell-off. UNH is also on the list of Congress's Most Bought stocks, with eight members purchasing it eight times during the second quarter. The question now is whether the company can overcome its hurdles, including its CEO's departure, a fraud investigation, and rising costs. Analysts' sentiment is part of why UNH's share price fell as hard as it did. MarketBeat tracks numerous downgrades and price target reductions that shaved 30% off of the consensus target in under 90 days. However, the consensus sentiment remains firmly pegged at Moderate Buy with a bullish bias and a price target forecasting a 40% upside. In this scenario, UnitedHealth Group stock is set up to stage a significant rebound, provided a catalyst emerges. Until then, the company remains in growth mode with healthy cash flow and margin, sustaining a reliable dividend. Written by Thomas Hughes Read this article online › Recommended Stories: New All-Time Highs Coming for Broadcom? Wall Street Says Yes A new rule goes live in July — and the banks are quietly cashing in (From American Alternative) Overheated Market? Analysts Watch These Red Flags The Pentagon just made a National Security move... (From Stansberry Research) 3 Reasons AMD Could Be the Hottest Stock of the Summer Intel's Turnaround Strategy Shifts From Planning to Attack Mode IPO Momentum Returns: 3 Stocks Rising After CoreWeave’s Surge Did you like this article? | 