If trading this wild market is making you sick, maybe you should pay more attention to health care!
As we’ve been telling you the health care sector has been an effective way to battle the bear. Since the beginning of the month the Health Care SPDR has climbed about 10% as investors bet that even in a weak economy, people will still value their physical condition.
But that begs the question, if you’re not already in – are you too late to this trade?
Nope, there’s still time to get to the doctor, according to Karen Finerman. In fact, she sees a prescription for profits in UnitedHealth . And she's listed them for you.
Finerman’s UnitedHealth Benefits
* Premier Name
* Strong Balance Sheet
* Better Pricing of Premiums in 2009...Resulting in Better "Medical Loss Ratio"
* Conservative Guidance; 9% Unemployment 'Baked In'
* Attractive Valuation
For all of the reasons above I’m long UnitedHealth, concludes Finerman.
> Coming from Behind In '09: Starbucks
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Trader disclosure: On Dec. 18th, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders Adami Owns (AGU), (BTU), (C), (GS), (INTC), (MSFT), (NUE); Pete Najarian Owns (RIMM) Call Spread; Pete Najarian Owns (UYG) And Is Short (UYG) Calls; Pete Najarian Owns (HIG) Calls And Is Short (HIG); Pete Najarian Owns (PCLN) Call Spread; Finerman's Firm Owns (IBB), (MSFT), (UNH), (WLP), (AET); Finerman's Firm Owns (ROH) Calls; Finerman's Firm Owns (OIH) Puts; Finerman's Firm Is Short (IYR), (IJR), (MDY), (SPY), (IWM), (BBT), (USO)
Terranova Is Co-Portfolio Manager Of The Virtus Diversifier PHOLIO: Virtus Diversifier PHOLIO Owns (IGE), (DBC), (DBV)
Terranova Is Chief Alternatives Strategist Of Virtus Investment Partners, Ltd.: Virtus Investment Partners Owns More Than 1% Of (ABD), (ARE), (BIG), (OFC), (DLR), (EXR), (IGE), (MAC), (DBC), (DBV), (SKT), (UA), (CLB); Virtus Investment Partners Owns More Than 1% Of Seagate Tax Refund Rights
Charles Schwab Is A Sponsor Of "Fast Money; GE Is The Parent Company Of CNBC