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WellPoint Inc. Message Board

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  • acanova2001 acanova2001 Jul 22, 2008 11:57 AM Flag

    Stock recovering

    Today is a good start. The market is pricing this stock as if it had $2.50 in earnings power.
    Even if they come in at the low end for 2009 at $5.45 the stock is still trading at less than 10x earnings. May take a while. Also the political front will play a factor depending on who wins the election. This sector has been dragged down on political concerns.

    Hang in there. It'll get there. Think Long Term. Buy some Puts if you are concerned near term.

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