$Unitedhealth(UNH.US) adjusted the portfolio today, sold UNH and bought Microsoft. The reasons are as follows: I personally think the fundamentals of UNH have changed. The fee issue is just one aspect, and there's also the transparency of pharmacy profits. It feels like Trump is hitting these healthcare companies hard with every step. The short-term fee issue might be resolved with some pullback, but the long-term narrative has fundamentally changed. I don't think the days of high profit growth will return. If you want dividends for retirement, you can go for blue chips like PG that are unaffected by policies.