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UnitedHealth is the best stock to play catch-up to the Dow rally

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The Dow Jones Industrial Average just hit a fresh record, but under the hood it’s more complicated.

Eleven Dow stocks, or more than a third of its components, are still in a correction or worse – those include Cisco, 3M, Pfizer, Exxon Mobil, Boeing and UnitedHealth among others.

Two traders agree that one of those stocks is the best way to play catch-up.

“The one stock that does look pretty good … is UnitedHealth,” Matt Maley, equity strategist at Miller Tabak, said Thursday on CNBC’s “Trading Nation.” “Here’s a stock that had a really tough time over the summer when Sen. Warren started moving up in the polls, but that kind of correlation seems to have gone by the wayside because, as…



Source cnbc.com

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