Morningstar Analyst Recommends Wellpoint
Source: http://ceoblogger.wordpress.com/2008/07/29/morningstar-analyst-recommends-wellpoint/Posted on Tuesday, July 29th, 2008 | In Current Market News, Market Commentary, Stocks to Watch
Contributed by: CEO Blogger (http://ceoblogger.wordpress.com) -
Matthew Coffina, analyst at Morningstar, recommended WellPoint:
a. the company has disappointed shareholders so far in 2008, as premiums have failed to keep pace with rising medical costs and margins have contracted.
b. analyst thinks the market overreacted to short-term adversity, creating a buying opportunity for long-term investors.
c. WellPoint has significant competitive advantages that will support outsize returns over the long run.
d. At recent prices, analyst expects WellPoint stock to return 35% over the next three years, which is more than the market seems to be expecting.
Track Morningstar’s picks at:
Last 5 posts by CEO Blogger
- With its Pension Fund Grab, is it ‘Déjà Vu All Over Again’ For Argentina? - November 18th, 2008
- Exxon Mobil Posts Record $14.8 Billion Profit, Shell Tops Estimates - October 31st, 2008
- Volkswagen’s Racing Shares Fueled by Porsche Investment - October 30th, 2008
- Tight Credit for Farmers Leads to Smaller Crops, Higher Prices and More Hunger - October 28th, 2008
- Business Week’s Gene Marcial’s New Stock Picks - October 28th, 2008
![]() About CEO Blogger (http://ceoblogger.wordpress.com)
CEOBlogger helps investors evaluate companies. |





