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Wajeeh Khan

Warren Buffett Is Betting Big on UnitedHealth Stock. Should You?

Warren Buffett UnitedHealth UNH David Kass David Tepper Michael Burry

UnitedHealth (UNH) shares soared as much as 14% on Friday after a regulatory filing confirmed legendary investor Warren Buffett has built a nearly $1.6 billion stake in the beleaguered healthcare giant.

Buffett’s conglomerate Berkshire Hathaway (BRK.A) (BRK.B) now owns about 5 million UNH shares in total. Other high-profile names that have capitalized on UnitedHealth’s crash this year include “Big Short” investor Michael Burry and David Tepper, the founder of Appaloosa Management.

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