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Aetna (AET)
AET
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Aetna (AET) <> There are few sectors more maligned in 2008 than the healthcare group. The Morgan Stanley Healthcare Providers Index (HMO) has plunged more than 43% since January, compared to the 15% year-to-date loss in the S&P 500 Index (SPX). Even financial stocks, plagued by daily reports on the global credit crisis, are faring better, with the AMEX Select Financial Services Index (IXM) dropping 34% on a year-to-date basis. What's more, with a heavy bout of selling taking hold of the market on Friday, the HMO tagged a new multi-year low by breaking below long-term psychological sup>...
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Bullish on AET ...
AET
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BusinessWeek Rankings 2007 #56 <> 2006 #10 Aetna, Inc. operates as a diversified health care benefits company primarily in the United States and Canada. The company provides health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life, and disability plans, as well as medical management capabilities and health care management services for Medicaid plans. It operates in three segments: Health Care, Group Insuran>...
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Good company, a hold
AET
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I currently hold AET in my profile and will continue to do so for the next couple years. The company has great leadership (Ronald A. Williams), good fundamentals, and a continuous clientele. The obvious increase need for health care combined with the ambition of Mr. Williams makes a great stock. The formation of this lobbying group should ensure that private health care providers continue to get contracts even under democratically elected politicians. While I am in favor of universal health care with approximately 60% of the public, it will not happen in the next 5-10 years with this strong...
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Bullish on AET ...
AET
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