3 Reasons That I Am Buying UnitedHealth Group Inc. (UNH)

UnitedHealth Group is a diversified health services company that is very attractive in these current economic conditions for 3 reasons.

1. On a valuation basis, UNH currently trades at 14 times earnings, or a 14 P/E multiple. Additionally, UNH is trading just over 12 times next years earnings, a better value than the S&P 500.
2. Not only is UNH undervalued, but it's share price has still been increasing at an average of 40% each year for the last 5 years. This year, it is already up 30 %.
3. Finally, with the Affordable Care Act looming over the horizon, more citizens will be able to receive health benefits. Currently there is an estimated 44 million Americans that cannot afford health care. However, UnitedHealth is positioned to acquire a good amount of these citizens' business once the act is put into practice.