Top 5 Stock Picks of Billionaire Stephen Mandel’s Lone Pine Capital

4. UnitedHealth Group Incorporated (NYSE: UNH)

Lone Pine Capital has increased its position in UnitedHealth Group Incorporated (NYSE: UNH) by 30% in the September quarter to 5.30% of the overall portfolio. Shares of UnitedHealth managed to top the broader market index in the final quarter and fiscal 2020.

Polen Capital Management claims in an investor’s letter that UnitedHealth has a strong integrated model, which will help in generating sustainable growth in the long-term. Here is what Polen Capital Management stated:

“We expect UnitedHealth Group to be able to grow earnings per share at a low-to-mid-teens rate over time with low cyclicality. In addition, we see little chance of a government-run health system in the U.S. due to the massive cost, especially at a time when federal budget deficits are tremendously high, plus several other factors. As such, we believe scaled players with strong integrated models that are already being utilized to run large parts of government programs will likely continue to play a large role for many years to come.”