Return on equity is a useful indicator of the ability of a business to generate profits and return them to shareholders. Companies that can achieve high returns on equity without too much debt are generally of good quality. If two companies have the same ROE, then I would generally prefer the one with less debt. The PINK ETF is an actively managed fund that invests in innovative U.S. healthcare companies across biotech, medtech, gene therapy, and more. It aims for long-term capital appreciation. The ETF provides exposure to UnitedHealth stock alongside other major players like AbbVie (ABBV) , Eli Lilly (LLY) , and CVS Health (CVS) . Importantly, UNH accounts for 6.3% of the PINK ETFâs total holdings . Bulls argue that strong Medicare Advantage enrollments could act as a catalyst for another rally. Earnings per share growth of 9% YoY adds confidence for long-term holders.
