I first wrote about Health Net (NYSE:HNT) last August after doing research which led me to conclude that the stock had a considerable EPS ramp coming this year. I continue to stand by that view, but I think the elements of the story have changed a bit. Last year, I felt the growth in dual-entitlement eligible individuals in Health Net's coverage footprint represented a significant profit opportunity. And longer term, they still do. This is a population that the market seems to be watching carefully as a measure of HNT's growth prospects. But while I think Duals represent a real long-term growth driver, in the short-term though, I am more excited about the expansion of Medicaid in California...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|