Market Highlights: Value Stocks Amid High Valuations
The Shiller price-to-earnings ratio approaches historical highs, leaving few bargains in today's expensive equity markets. UnitedHealth Group (UNH) exemplifies the rare value opportunity, with shares down 32% year-to-date amid regulatory scrutiny and pricing miscalculations.
Federal investigations into alleged upcoding practices and pharmacy benefit management have compounded the health insurer's challenges. Analysts note the company's 2025 premium-setting missteps reflect broader sector volatility.