FAST MONEY FEATURES
FAST MONEY POLLGet in the post game. Respond to our
"Question of the Day" right now.
TRADER RADAR Which stock should be on your screen? Follow the clues to solve this puzzle.
TRADE SCHOOLGrab a pencil because school is in session and the Fast Money traders are teaching class.
EMERGING MONEY TOP 20
Fast Money's index for the world.
FAST MONEY PODCASTSDownload Fast Money onto your MP3 Player.
FAST MONEY WIDGETGrab this all-in-one application and get recaps of the show sent right to your desktop or blog.
SHOP FOR FAST MONEY MERCHANDISEGet your game on with Fast Money gear.
FAST MONEY PHOTOS!Check out our scrapbook. These "pix" are guaranteed winners.
NEWSLETTERSign up and receive a recap email every Friday after the show!
FAST MONEY MOBILE ALERTSGet advanced information about the next Fast Money.
 |
On a day where the stock market is posting the biggest single-session gains in over five years, there’s one big sector that isn’t getting any of the love: health insurers.
Chalk it up to WellPoint’s [WLP
Loading...
()
] announcement that it is slashing its profit forecast. The collateral damage was extensive as shares of rival insurers Humana [HUM
Loading...
()
], Aetna [AET
Loading...
()
], Cigna [CI
Loading...
()
] and UnitedHealth [UNH
Loading...
()
] all dropped substantially even as the broader market surged. So much for the theory that health insurers would be a safe haven in a withering economy.
But amid the sector’s slaughter, Guy Adami finds a possible ray of hope in Humana. It’s the second largest provider of Medicare after Unitedhealth and, since it is unlikely that Congress will pass a Medicare bill anytime soon, Guy thinks HUM is poised for 20% earnings growth and new enrollments for the next three years. Add in HUM’s decent guidance and solid earnings report from last quarter, and Guy doesn’t think this one deserves to be taken to the woodshed with the rest of the group.
“If you’re looking for an entry point [in Humana], today is about as compelling a one as you can find,” he said.
Check Out These Other Posts |
______________________________________________________
Got something to say? Send us an e-mail at and your comment might be posted on the Rapid Recap! Prefer to keep it between us? You can still send questions and comments to .
Del.icio.us
Digg It
Data is a real-time snapshot *Data is delayed at least 15 minutes