Seeking Alpha

Tim Travis'  Instablog

Tim Travis
Send Message
Tim Travis is a veteran deep value investor and money manager. Travis has extensive experience in traditional investments such as stocks and bonds, in addition to having a unique methodology of combining options and distressed investing with value investing to generate income, reduce risk, and... More
My company:
T&T Capital Management
My blog:
T&T Capital Management Blog
My book:
Learn to Treat Your Portfolio as a Business
  • WellPoint's Profit, Membership Shrinks-WSJ 0 comments
    Apr 25, 2012 11:14 AM | about stocks: WLP

    Wellpoint's (NYSE:WLP) earnings decreased but beat expectations this morning. The company raised its full-year earnings estimate to at least $7.65 meaning that at $71.77 the stock is trading at just over 9 times earnings. Wellpoint is a cash flow machine and management consistently buys back stock, and because the valuation is reasonable, the buybacks are accretive to both earnings and intrinsic value. We've sold some puts on Wellpoint as we'd like to own a bit cheaper than it currently trades, but we do believe Wellpoint is one of the more attractive names in the healthcare sector, particularly amongst the HMO's.

    http://online.wsj.com/article/SB10001424052702304811304577365640340787690.html?mod=WSJ_hp_LEFTWhatsNewsCollection

    Disclosure: I am long WLP.

    Stocks: WLP
Back To Tim Travis' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.