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REDDIT

Selling UNH at 31x P/E to rotate into beaten-down quality tech/software?

Hi everyone, I’m up 45% on UNH with an entry price of $298 . At the current $427, it trades near 31x P/E, well above its historical 18x-22x mean. Given its massive size and recurring regulatory risks, I feel the upside is capped and downside risk is high at this multiple. I’m thinking of selling to reallocate capital into beaten-down, high-moat compounders trading at historically low multiples, specifically SPGI , MELI , ADBE and INTU.Does this capital rotation make sense to you, or am I crazy for exiting a proven winner? Thanks!