Hospital Stocks Post Strong Gains After Obama Re-Elected
November 09 2012 - 8:20AM
Marketwired
Hospital stocks across the board posted strong gains Wednesday
after voters re-elected President Obama and "Obamacare" was
preserved. The law will provide health insurance to approximately
30 million Americans who previously had no insurance. The Paragon
Report examines investing opportunities in the Healthcare
Facilities Industry and provides equity research on Tenet
Healthcare Corporation (NYSE: THC) and Vanguard Health Systems,
Inc. (NYSE: VHS).
Access to the full company reports can be found at:
www.ParagonReport.com/THC
www.ParagonReport.com/VHS
Under "Obamacare" every American will have to acquire health
insurance by 2014 or be subjected to a tax. For those who can't
afford health insurance they will be offered subsidies or Medicaid.
It was estimated that in 2009 nearly 50 million Americans were
without Health Insurance according to data from the Census Bureau.
Gary Taylor, an analyst at Citi Investment Research, expects
hospital stocks to see short term gains of approximately 15
percent, but still remain volatile.
"Despite this very good news, some investors will be selling the
election news, others will remain on the sidelines until details of
deficit reduction cuts begin percolating through the market,"
Taylor said.
Paragon Report releases regular market updates on the Healthcare
Facilities Industry so investors can stay ahead of the crowd and
make the best investment decisions to maximize their returns. Take
a few minutes to register with us free at www.ParagonReport.com and
get exclusive access to our numerous stock reports and industry
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Tenet Healthcare through its subsidiaries operates 49 hospitals,
over 100 free-standing outpatient centers and Conifer Health
Solutions, a leader in business process solutions for health care
providers serving nearly 400 hospital and health care entities
nationwide. For the third quarter of 2012 the company reported net
operating revenues increased 5.8 percent year-over-year to $2.221
billion.
Vanguard Health Systems owns and operates 28 acute care and
specialty hospitals and complementary facilities and services in
metropolitan areas across the U.S. The company's strategy is to
develop locally branded, comprehensive health care delivery
networks in urban markets. Shares of the company have surged nearly
20 percent in the last three months.
The Paragon Report has not been compensated by any of the
above-mentioned publicly traded companies. Paragon Report is
compensated by other third party organizations for advertising
services. We act as an independent research portal and are aware
that all investment entails inherent risks. Please view the full
disclaimer at:
http://www.paragonreport.com/disclaimer
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