The company may be under criminal investigation for alleged irregularities in its Medicare business—but it’s been touched by the Warren Buffett effect. Shares in the troubled private health insurer UnitedHealth Group (NYSE: UNH) are currently seeing their best trading day in months.

Top political and market headlines this weekend include stock trades by lawmakers, Trump's tech export tax, and calls for Fed action after weak job data.

UnitedHealth Group completed its $3.3 billion purchase of Baton Rouge-based Amedisys Thursday morning, more than two years after plans to join the nation's two largest home health and hospice care companies were first announced.

Year to date, the stock has fallen by nearly 45%, which is by no means normal for the healthcare stock. In fact, this is the worst it has performed since the Great Recession, when it tumbled by more than 54% in 2008.

The Dow Jones Industrial Average opened at its first all-time high of the year on Friday as shares of health care giant UnitedHealth Group soared.

UNH's oversold status has been overly done, as the market digests the market-wide headwinds arising from regulatory changes and macro uncertainties.

Meanwhile, the healthcare giant pays an $8.84 annual dividend, yielding about 3.38%. UnitedHealth has raised its dividend for 15 consecutive years, including a 5.2% increase last quarter. You're collecting a sizable yield backed by roughly $30 billion in annual operating cash flow, giving you steady income while you wait for the recovery.

A vote of confidence by Warren Buffett’s Berkshire Hathaway delivered the Dow laggard its best day since 2020.