Health Care Stocks Hit a Seven-Month High

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Health care stocks reached a seven month high on Wednesday, helped by Aetna, which projected it will increase both revenue and profit next year ahead of major changes under U.S. health-care law.

The Morgan Stanley Healthcare Payors Index hit its highest level since April 25, up nearly 4 percent so far this month. In fact, out of the last 10 sessions, the index closed lower only once (Dec. 4, down 0.03 percent).

Within the index, shares of Coventry Health Care are trading at a new 52-week high. Back in August, Aetna announced plans to acquire CVH in a $5.7 billion cash-and-stock deal.

So far in December, Health Net, Aetna, Wellpoint, and WellCare Health Plans are leading the gains, up more than 6 percent. For the year, however, Amerigroup takes the top place, up 55 percent.

Major Healthcare Stocks

Ticker Company Price 1-Mos % Chg. YTD % Chg.
HNT Health Net Inc 25.69 9.1 -15.5
AET Aetna Inc 46.56 7.8 10.4
WLP Wellpoint Inc 59.8 7 -9.7
WCG WellCare Health Plans Inc 51.32 6.3 -2.2
CNC Centene Corp 45.93 4.6 16
MOH Molina Healthcare Inc 29.16 4.7 30.6
HUM Humana Inc 68.205 4.3 -22.1
CI CIGNA Corp 54.25 3.8 29.2
CVH Coventry Health Care Inc 44.89 2.8 47.8
UNH UnitedHealth Group Inc 55.5 2 9.5
AGP AMERIGROUP Corp 91.87 0.1 55.5