AET comments on the Money & Markets newsletter:
"Aetna was founded 11 years before the American Civil War and was one of the first in history to offer lifetime pensions (now called annuities).
Fast forward to 2015, and we see the company's most recent quarterly report was another in a long line of solid earnings growth: Profits of $2.39 a share, well above the $1.95 that Wall Street was expecting ... revenues of $15.1 billion ... and a big jump of 120,000 new insurance customers to a total of 23.7 million.
Heck, in the past 12 months, the health insurance industry as a whole has seen its premiums increase by 5.9%. Meanwhile, Aetna has grown its premium income by 14.2%, or nearly two and half times faster.
And that's just the tip of the growth iceberg: Aetna has just acquired Humana. Before the acquisition, the company's revenues were roughly 40% from government sources and 60% from private. Now, after the deal, those numbers flip to 40% private and 60% government. With Obamacare kicking in, that shift could not have come at a better time.
The clincher: Once the merger with Humana is complete, Aetna will be the largest provider of Medicare Advantage in the country"
I took some profits and sold a couple weeks ago....HUGE MISTAKE!!.....I'm back in now and have learned my lesson....share price and volume keep climbing...I'd buy more if I had the money.
Sentiment: Strong Buy
SBIO up 51% YTD....it's been the top performer in my portfolio......average daily volume keeps growing ....strong volume = liquidity...
Sentiment: Strong Buy
.....I don't know anything about these executives....were they early hires with the company that are returning?....and do you believe they will be effective in moving the company forward?.....for what it's worth, in my past work experience I dealt with MDs and they don't necessarily make good businessmen....running a business; especially one that's growing is no easy task....I've seen doctor's clinics go broke or have to merge with other clinics to stay afloat....just my .02 of course.
I hear ya Gooscap....I've been reducing my AAPL position and putting the money into healthcare...that sector should be even more profitable now that the SCOTUS has upheld Obamacare..
Cook needs to shut up....he gets paid to make money for owners of the company; the shareholders....if he wants to be a social crusader, then resign and do it on his own time.
....I'm new to SPXU and Red Queen's explanation was very helpful...so far I've made a few bucks but my finger is on the SELL button.
That's enough pain for me with a new company....I sold at @ $35.19....the ABT/ABBV separation hasn't done my portfolio any favors....since the first of the year, for every ONE dollar my ABT has gone up.....my ABBV has gone down TWO....can somebody please tell me how splitting ABT in two was good for the shareholders?
Sentiment: Strong Sell
Did ABT give us a pig in the poke?....were we given the most unprofitable parts of ABT's balance sheet with ABBV? ....I'm holding on for now but my finger is resting on the SELL button....I would have been better off dumping ABBV the day I inherited it....disgusted!
What's the down caret "v" mean before the closing price? Did the circuit breakers kick in today? And is that what the down caret "v" means? Are the circuit breakers specific to one stock or to the total DOW in general?
"Whether or good or bad, pay no mind to such trivials and keep your mind on the big picture which can't be measured quarter to quarter."
.....yep!....and here's the big picture: IMHO our economy is entering a slowdown that hasn't been seen since the 1930s...we'll be lucky if there's not food riots before it's all over...DG is going to be picking up a whole new class of shoppers that previously wouldn't be caught dead in a dollar store....there's an old saying about the dollar store business.
When times are good, they make money.
When times are bad, they REALLY make money!
Good luck to everyone!
facts don't matter to Islamic supremacists...they don't come to integrate....they come to dominate.
Ron Dellums; mayor of Oakland or Larry Langford; mayor of Birmingham or Shiela Dixon; mayor of Baltimore....any of the three would be a perfect fit....but does Obama really have to leave in 2016?....wouldn't it be better to change the Constitution so that he could stay on as long as he feels necessary?
...thank you MeFree49....I think I'll move past LLY and look into other opportunities....Lly appears to be a deeply troubled company at this time.
LLY is on the recommended list at my brokers...yet it looks like LLY actually LOST $1.89 in EPS....is this loss a one time thing or is it expected to go on and on and on?....comments welcomed....thanks, and good luck to all.
....I'm wondering what will happen when all that water hits Louisiana....could it flood the sugar cane fields there?....and what will that do to the price of sugar?
our neighbor went to buy a new baler last week....the JD dealer said "$27,000, if I can find one."...JD's ag line is still king...that's the big hoss that pulls the wagon...when housing comes back, construction and timber harvest equip will come back too....meanwhile the demand for food will continue to drive demand for farm equip....this is not going to change globally.
I live in NC...several big grain farmers in our area have told me they are going to plant more soy beans this year and less corn....corn takes more fertilizer and thus really drives up the cost of production.