Seeking Alpha

JPMorgan initiates coverage of a few hospitals with an "overall constructive outlook." The firm...

JPMorgan initiates coverage of a few hospitals with an "overall constructive outlook." The firm says that despite volatility amid the fiscal-cliff debate and the potential for delays in coverage expansion under the Affordable Care Act, multiyear benefits from that coverage expansion outweigh the uncertainty. The firm also sees "meaningful economic improvement" for the sector coming in 2014-2016. It calls LifePoint (LPNT +4.4%), Universal Health (UHS +3.4%) and HCA (HCA +1.7%) its favorite picks, while aso starting Tenet (THC +4%) and Community Health (CYH +3.5%) at Overweight.
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs