user
1M40
05-14
I opened $UnitedHealth(UNH)$  ,

As Warren Buffett says the lower the price of a stock goes, the safer it becomes as an investment. The higher the price goes, the more risky it becomes.

However, this only applies to high quality businesses with pricing power, a durable economic moat, with a cheap valuation. Current PE at 13.

Why I bought it? Same reason as why I bought META at $88 in 2022 when everyone say it has no hope already. PE for META was $8 back then. 

ATH: $680, current: $318. (-53%) 

Will continue to add more if the share price drop below $300. not a recommendation to buy and please do not buy it. DYODD.

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Comments

  • Ar7
    05-14
    Ar7
    i don't think buying a company that suspended their guidance with the CEO stepping down is a good thing
    • 1M40ReplyAr7: 
      Usually I look at PE lo. Meta PE was 8, the cheapest mega cap in history. SMCI PE was 10 last year Nov. I usually will add the stock I analyzed to my watchlist, once have bad news crash, but fundamental in tact, I will add them, the more it drop, the more I add. But the company must earn tons of money and stock price crash then I’ll add
    • Ar7Reply1M40: 
      what a steal for meta and pltr. but what a tremendous amount of luck. not every company that sells off is a good buy but props to your gains
    • 1M40ReplyAr7: 
      the rest are Google, Alibaba, Nvidia, SEA, TSMC, BAC. I have HK and sg stock also
    • Ar7Reply1M40: 
      lmao u just buy random companies that drop, you dont even care what youre buying into. regardless how good or bad the company is or it's intrinsic value. and luck helped u a lot. keep doing this and we'll see where you end up.
    • 1M40ReplyAr7: 


      My top 4 holdings
      Meta @ $88
      Pltr @ $8
      SMCI @$20
      Tesla @$180
      I only buy when everyone sell. Different story only.
  • qidi
    05-15
    qidi
    yup same question ... is it still buy at low price with Freud investigation ?
    • 1M40: 
      Not low enough. Hope it can drop more so can own more share at a cheaper price. Please don’t buy.
  • Tiger_CashBoostAccount
    05-14
    Tiger_CashBoostAccount
    Thank you for sharing your orders and trading plan. It's a valuable learning experience. I'm sure your strategic use of a Cashboost account will further enhance your profitability. 🥳
    Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.
    Other helpful links:
  • ChJack
    05-15
    ChJack
    Why you copying Adam Khoo's post?
  • Mrgaleeo
    05-15
    Mrgaleeo
    Is UNH still a buy with its possible fraud allegations?
  • Zarkness
    05-14
    Zarkness
    I think good 👍
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