Financial Exchange Stock Talk: Ranjit Thomas On UnitedHealth

We now partner with Financial Exchange Radio to produce a weekly segment with Seeking Alpha authors.

Ranjit Thomas continues the series with his bullish pick: UnitedHealth.

UNH has gone from $270 to $240 in a week as the noise grows about "Medicare for all" obviating the need for employer provided health insurance. However, this proposition faces a long road to becoming reality.

The stock is now at 16x EPS, which isn't super cheap, but a reasonable entry point for a high quality company that consistently grows its earnings.