Ashleigh Rogers
Long/short equity, growth at reasonable price, value, banks

Molina Healthcare: California's Medicaid Expansion Will Power Stock Higher

For better or for worse, Obamacare is set to go into effect in October, and while many stocks have already priced in the new law's effects, there are still some firms set to benefit that have gone unnoticed by the market. One such firm is Molina Healthcare (NYSE:MOH). The company provides Medicaid/Medicare related solutions including health plans for low-income individuals in California, Florida, Michigan, New Mexico, Ohio, Texas, Utah, Washington, and Wisconsin.

The firm serves 1.8 million customers and its biggest market is the Medicaid-friendly progressive bastion of California. And this largest market for the firm is about to get a whole lot bigger - a major catalyst that the short-sighted stock market forgotten to take into account...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details