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Managed Care Stocks Potentially Hot Sector

Posted by admin On April - 20 - 2010

Managed-care stocks ran up a day before UnitedHealth Group Inc. (UNH, $31.23, +$0.50, +1.63%) kicks off what many hope will be a stabilizing earnings season for the group, with hospital utilization rates appearing to be light amid a weak flu season and premiums continuing to rise. The gains also could be a recovery from recent declines. Health Net Inc. (HNT, $23.55, +$1.40, +6.32%), Wellcare Health Plans Inc. (WCG, $31.09, +$1.68, +5.71%), Amerigroup Corp. (AGP, $34.54, +$0.50, +1.47%), Molina Healthcare Inc. (MOH, $26.84, +$0.75, +2.87%), Centene Corp. (CNC, $25.16, +$0.70, +2.86%), Coventry Health Care Inc. (CVH, $24.35, +$0.64, +2.70%), Cigna Corp. (CI, $35.30, +$0.81, +2.35%) and Humana Inc. (HUM, $44.66, +$0.73, +1.66%) all traded higher.

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