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Top 6 Stocks to Buy for April

You can still find reasonably priced stocks in building, energy and health care

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Top Stock to Buy #6 – United Health Group (UNH)

UnitedHealth Group (NYSE:UNH), a diversified health and well-being company, provides health care programs, retirement plans, has a life sciences group, and provides health plans to physicians, clinical services, etc.

Credit Suisse analysts say, “We continue to view United as the best-positioned large-cap managed care plan for where we see the best growth prospects… especially in the shift to Bundled Payments under Medicare.”

They look for earnings of $4.85 this year compared to $4.73 in 2011, and an increase to $5.60 in 2013. UNH has a dividend yield of 1.17%.

Technically the stock consolidated in a broad nine-month cup, then broke from that cup in February at $54. From mid-February until recently, it consolidated between $54 and $55. Last week, it broke from $56 to $58.10. The trading target for UNH is $65. Longer term, Credit Suisse is predicting an annual target of $72.

UNH Chart
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