Warren Buffett Just Bet On United Health

Benzinga

UnitedHealth just had its biggest one-day jump since 2008, and Intel saw its best week since 1975 — all while the market dipped ahead of the Putin–Trump meeting. Intel surged 26% on reports the U.S. government might take a stake to boost domestic chipmaking, while UnitedHealth rocketed 14% in a single day after Berkshire Hathaway revealed a big buy. One stock has a potential government lifeline, the other has Buffett’s golden stamp of approval.

Transcript

00:00UnitedHealth just pulled off its biggest one-day jump since 2008, and Intel just had its biggest

00:06week since 1975. All this happened while the markets dipped right before the Putin-Trump meeting.

00:12Consumer confidence dropped, and inflation fears heated up. Yet two companies completely broke the

00:18trend. Intel surged 26% this week after reports that the U.S. government might take a stake to

00:24boost domestic chipmaking. UnitedHealth rocketed 14% in a single day after Warren Buffett's Berkshire

00:31Hathaway revealed that they bought in, even after the stock had fallen over 40% this year. One's

00:36getting a possible government lifeline, the other Buffett's golden stamp of approval.

00:41Which would you bet on right now, chips or healthcare?

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