Pundits Are Wrong: Healthcare Reform Will Increase Profits [View article]
More revenue does not guarantee higher profits. Recent reforms by democrats and R.I.N.O.s like George Bush have been a disaster for medical care, destroying our pharmaceutical industry (seen a 10 year chart or MRK or PFE lately? ) The high profit margins and cash position of many medical technology and pharmacy benefit firms will attract demagogues like Harry Reid and Nancy Pelosi faster than auto accidents attract lawyers. Medical care stocks are ALREADY underperforming one of the strongest rallies in decades, for exactly this reason.
Pundits Are Wrong: Healthcare Reform Will Increase Profits [View article]