Examining the Healthcare Aftermath
With the election over and the Affordable Care Act (a/k/a Obamacare) now the law of the land, I've decided to revisit my healthcare picks from last summer. (My dead-on election predictions can be found here.)
The hospital stocks have been on a tear as investors figured another 35 million customers are ready to check in. The largest hospital chain in the country, Hospital Corp of America (HCA), is up over 45% year to date. But, with a few analysts publishing price targets as high as $40, it's worth asking: Are hospitals really a new growth story?...613 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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