Universal Health Services (UHS) operates 24 acute care hospitals and more than 216 behavioral health centers throughout the U.S. The company is growing at around 19% per year, which makes its price-to-earnings ratio of 20 look pretty cheap. United Health is a component of the Health Care Select Sector SPDR ETF (XLV), which has been consolidating for the past three months.
On this daily chart, you can see that UHS has been above the 200-day moving average for the entire duration of this chart. The recent pullback to this long-term moving average in February confirmed the strength of the trend. The last couple of months have seen UHS consolidating in a $10 range, between $115 and $125. I believe this stock can be bought on any kind of weakness, as long as you intend to hold it for a while.