Ten Healthcare Value Stocks

Global stock markets are still in the selling pressure and volatility index VIX is already in its second week above 40 points. In fact, this week's index is oscillating around a level of 50. This is right time for value investor for bargain searching. Many worthy stocks are below P/E 10 with still perspective growth and book value equaling to stock price.

Uncertainty about future attracts more attention to defensive sectors like health-care or consumer staples. I run fundamental stock screen for large cap health-care stocks with P/E below 15 and Price-Book Value below 4. Here is the list of potential value plays: 

Ticker	Company Name	PEG	P/E	P/BV
(UNH)	UNITEDHEALTH	0.7	7.5	1.4
(WLP)	WELLPOINT	0.65	7.7	1
(AET)	AETNA	0.62	9.3	1.6
(NVS)	NOVARTIS	2	9.8	2.3
(AZN)	ASTRAZENECA	9.6	10.8	3.9
(LLY)	LILLY ELI CO	1.65	11	3
(WYE)	WYETH	3.61	11.1	2.5
(SNY)	SANOFI-AVENTIS	2.83	12.1	1.4
(MRK)	MERCK	1.58	13.2	3.2
(PFE)	PFIZER	2.08	14.2	1.9

Comments

[granger:]

wow, good stuff, AET looks particularily compelling to me

2008 Oct 11 03:34 AM