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Before Jumping Into A Single Health Care Stock Consider This ETF
Tuesday, March 23, 2010 - 11:22pm | 1667“The healthcare sector has never seen anything like this and neither has the American public. After months of political wrangling, the Affordable Health Care for America Act was signed into law by the President. The Act will extend health insurance coverage to roughly 30 million Americans without...
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Express Scripts (ESRX) – Riding the Health Care Wave?
Tuesday, March 23, 2010 - 2:03pm | 493Express Scripts (ESRX) – Riding the Health Care Wave? Express Scripts, a provider of pharmacy benefits management including retail management, card programs, home delivery, specialty and formulary management among other services has climbed to new 52 week highs as recently as yesterday. With the...
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Bookkeeping: Short Athenahealth (ATHN) ... Again
Tuesday, March 23, 2010 - 11:14am | 751I plan to remain disciplined even in a market that only goes in 1 direction and keep sending out scouts on the short side, even though most return decapitated. After a big pop on earnings (which we fortunately covered our short just hours before), Athenahealth (ATHN) has fallen back below some...
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Volume Talks Monday: A Sirius Reversal
Tuesday, March 23, 2010 - 9:39am | 2912As the market traded higher across the board Monday on lighter volume, there were many stocks which traded higher/lower on above average volume. Today's breakout report is for Monday March 22, 2010. If this is your first time reading one of my breakout reports you'll want to read the section...
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First Analysis Securities Corporation Raises LHC Group (LHCG) Price Target To $41
Tuesday, March 23, 2010 - 9:05am | 156First Analysis Securities Corporation analyst Tony Perkins maintained his Overweight rating for shares of LHC Group (Nasdaq: LHCG) and raised the price target from $39 to $41. He increased his 2010 estimated earnings per share for LHC Group from $2.73 to $2.86 and decreased 2011 estimates from $3....
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First Analysis Securities Corporation Maintains Amedisys (AMED) Overweight Rating
Tuesday, March 23, 2010 - 8:41am | 169First Analysis Securities Corporation analyst Tony Perkins maintained his Overweight rating for shares of Amedisys Inc (Nasdaq: AMED), with a price target of $73. Perkins updated his analysis of the stock under the assumption that President Barack Obama would sign the healthcare reform bill...
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Investors Flock To Healthcare ETFs On Historic Reform
Monday, March 22, 2010 - 4:13pm | 1662“Wall street was glued to the weekend vote on health-care reform and scrambled to figure out which areas, if any, might benefit from its passage. Technically, however, the fortunes of the sector relative to the broad market changed for the better a month ago. In other words, nothing historic...
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Stocks That Created New 52-Week Highs (DECK, DLTR, PLUS, ESRX, FAST)
Monday, March 22, 2010 - 2:52pm | 262Deckers Outdoor Corporation (NASDAQ: DECK) shares climbed to $137.57, creating a new 52-week high before slipping to $137.33, reflecting a 3.23% gain. DECK announced that Mark Heintz has joined the company as Director of Corporate Social Responsibility. Read more about this company here. Dollar...
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How Will Obama-Care Play Into The Markets And ETFs?
Sunday, March 21, 2010 - 9:50pm | 4460“It is our opinion, along with that of many other market professionals, that this current market is overbought. An overbought market often searches for a place, or more to the point, a reason to pull back. This Sunday’s possible vote on Health Care Reform could very well be that catalyst. This...
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Fast Money Picks For March 22nd (MHS, CVS)
Friday, March 19, 2010 - 8:14pm | 81CNBC Fast Money's Joe Terranova said on the show that despite a big sell off in oil today, you should be long oil on Monday. Guy Adami recommends Medco Health Solutions Inc. (NYSE: MHS) as a buy and Karen Finerman thinks CVS Caremark Corporation (NYSE: CVS) should be bought on Monday. Medco (MHS)...
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RURL Initiated With Buy At Kaufman Bros
Friday, March 19, 2010 - 8:39am | 49Analysts at Kaufman Brothers initiate coverage of Rural/Metro (NASDAQ: RURL) with a "buy" rating. The target price for RURL is set to $7.50. RURL’s shares closed at $6.19 yesterday. More Analyst Ratings here
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Top 5 Stocks In the Hospitals Industry With The Highest 5-Y Earnings Estimates (CYH, RHB, AMSG, HMA, UHS)
Friday, March 19, 2010 - 8:10am | 253Below are the top hospital stocks on the NYSE and the NASDAQ in terms of 5-Y earnings estimates. Community Health Systems Inc (NYSE: CYH) is likely to achieve 14.2% earnings growth over the next five years. CYH’s trailing-twelve-month revenues stand at $12.11 billion. Read more about this company...
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Top 5 Stocks In the Hospitals Industry With The Lowest PEG Ratio (RHB, CYH, AMSG, HMA, UHS)
Friday, March 19, 2010 - 8:04am | 224Below are the top hospital stocks on the NYSE and the NASDAQ, in terms of PEG ratio. Rehabcare Group Inc (NYSE: RHB) has a PEG ratio of 0.73. RHB’s quarterly revenue growth stands at 31.20% y/y. Read more about this company here. Community Health Systems Inc (NYSE: CYH) has a PEG ratio of 0.9. CYH...
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HSBC Holdings And athenahealth Downgraded
Thursday, March 18, 2010 - 8:31am | 94HSBC Holdings plc (ADR) (NYSE: HBC) declined 1.13% to $52.37 in the pre-market session. HSBC Holdings plc was downgraded today by FBR Capital to Market Perform from Outperform. The 52-week trading range for HBC is $25.75 - $64.42. HBC closed at $52.97 in the previous trading session. athenahealth...
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ATHN Has Strong Long Term Outlook
Wednesday, March 17, 2010 - 2:51pm | 74Analysts at Deutsche Bank upgrade Athenahealth (NASDAQ: ATHN) from "hold" to "buy." The target price for ATHN has been raised from $40 to $51. According to Deutsche Bank, the upgrade in rating is based on the removal of ATHN’s accounting overhang and a strong long term outlook. ATHN’s shares moved...