Eddy Elfenbein submits: UnitedHealth Group (UNH) held its annual meeting yesterday in Minneapolis. The company said that it's reformed, and I think the market may agree.
The AP notes that:
Shareholder advisory firm Institutional Shareholder Services rates UnitedHealth's corporate governance practices above 91 percent of other large companies, up from 19 percent a year ago.
The company has also received a favorable report from Standard & Poor's.
The company's financial results have been excellent and the stock is now going for less than 14 times next year's earnings.
UNH 1-yr chart:
