Darspal S Mann
Long/short equity, growth at reasonable price, special situations, deep value

WellCare Is Well Positioned To Take Care Of Shareholders

Amid this volatile market environment with barely any visibility, WellCare Health Plans (WCG) looks like a name that can comfortably deliver on growth and margin improvement. Besides the investors getting concerned about the long-term impact of the ACA (Affordable Care Act) on the space, there are fears that maybe WellCare is getting aggressive at a wrong time. No wonder, the stock, at least looking at the recent volatility, is lacking the usual safety associated with a healthcare name. A closer look suggests the fear may be misplaced.

Source: WellCare Website

As covered in my previous note on Magellan Health (MGLN) and Health Insurance Innovations (NASDAQ:HIIQ), the sector is undergoing a major shift, including

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