15 Stocks ChatGPT Predicts Could Make You Wealthy in 10 Years

11. UnitedHealth Group Incorporated (NYSE:UNH)

Number of Hedge Fund Holders: 112

UnitedHealth Group Incorporated (NYSE:UNH) is an American multinational health insurance company with a mission to enable people to live better and healthier lives. The company offers a range of health benefits designed to make healthcare more accessible and affordable for consumers.

This year, UNH will be expanding its individual and family plans available under the Affordable Care Act (ACA) to 139 new counties in Indiana, Iowa, Nebraska, and Wyoming. It is also expanding its Obamacare footprint in 119 new counties. With the addition of these new coverage areas, the UnitedHealth Group Incorporated (NYSE:UNH) will now have a presence in over 1,250 counties across 30 states.

During fiscal year 2024, it generated a revenue of $400.3 billion, up 8% from last year. Net earnings stood at $14.4 billion for the year, of which over $5.5 billion was contributed through the fourth quarter. Adjusted earnings per share for the year was $27.66, which fell well within the outlook shared by the company for 2024 a year ago. UnitedHealth Group Incorporated (NYSE:UNH) returned $16 billion to shareholders during the year through dividends and share repurchases.

For 2025, the insurance company expects full-year revenue in the range of $450 billion to $455 billion, with adjusted net earnings of $29.50 to $30.00 per share. Cash flow from operations is projected to be between $32 billion and $33 billion. Wall Street analysts are bullish on the stock, with a consensus Strong Buy rating and an average share price upside potential of 19%.

Vulcan Value Partners stated the following regarding UnitedHealth Group Incorporated (NYSE:UNH) in its Q4 2024 investor letter:

UnitedHealth Group Incorporated (NYSE:UNH), a company that we have owned several times in the past, is the largest health insurer in the United States. UnitedHealth Group also owns Optum, which is a rapidly growing healthcare services company. The environment for the health insurance business remains positive as growth in healthcare spending, driven by chronic diseases and an aging population will continue to outpace overall economic growth. The insurance business benefits from powerful network effects as more members attract more providers and vice versa, which reinforces United’s value proposition and bargaining power with each side of the network. We respect UnitedHealth Group’s management team and have been very pleased with their long-term vision and execution.

UnitedHealth Group Incorporated (NYSE:UNH) is among the stocks ChatGPT predicts could make you wealthy in 10 years.