Healthy Stocks for the Future
Healthcare carriers have pulled back sharply in the past week, in reaction to less-than-spectacular earnings results from UnitedHealthcare (UNH) and Wellpoint (WLP). This overdue retrenchment should mark the end of the sector's two-month rally and the start of a vetting period that separates out longer-term winners from losers.
The industry has suffered through endless whipsaws in recent years, with high volatility during the Obamacare debate followed by steady gains when calmer minds realized that private carriers could perform well under the new rules. In fact, recent court challenges may be a net negative because impending regulatory requirements would add millions to the membership rolls....536 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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