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Enter Symbol:
 
Wellcare Group (WCG) [hlAlert]

Rating:
Buy WCG
up 141.10 %

DailyFinance: Ten stocks for 2010

Posted on: Monday,  Feb 15, 2010  8:09 PM ET by DailyFinance: Ten stocks for 2010

DailyFinance: Ten stocks for 2010 rated Buy Wellcare Group (NYSE: WCG) on 12/10/2009, when the stock price was $37.03.
Since then, Wellcare Group has gained 141.10% as of 01/21/2016's recent price of $89.28.
If you would have followed this DailyFinance: Ten stocks for 2010's recommendation on WCG, you would have gained 141.1% of your investment in 2233 days.

WellCare Health Plans, Inc. (WellCare) provides managed care services to government-sponsored healthcare programs, focusing on Medicaid and Medicare. The Company offers prescription drug plans (PDP) and health plans for families, children, the aged, blind and disabled. As of December 31, 2008, WellCare served approximately 2.5 million members. Through its subsidiaries, as of December 31, 2008, the Company operated its Medicaid health plans in Florida, New York, Illinois, Missouri, Georgia and Ohio, and its Medicare Advantage coordinated care plans (CCPs) in Florida, New York, Connecticut, Illinois, Indiana, Louisiana, Missouri, New Jersey, Ohio, Georgia and Texas. As of December 31, 2008, it operated Medicare PDP in all 50 states and the District of Columbia, and offered Medicare Advantage private fee-for-service (PFFS) plans to Medicare beneficiaries in approximately 1,590 counties and 43 states and the District of Columbia. WellCare operates in two segments: Medicaid and Medicare.

First among these trends, some financial companies were hit way too hard, along with their brethren, and will now recover in a world where they have fewer competitors. Next, the developing world is back on track. People are moving from rural to urban areas throughout the planet. And they are very, very hungry. Back at home, health care reform, whether you like it or not, is happening. Also, the dollar is weakening. Meantime, personal computing is still getting faster, smaller, cheaper. And I'm afraid the threat of terrorism is here to stay -- and the fight against it will still cost billions of dollars.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/10/2009 4:00 PM Buy
None
37.03
as of 12/31/2009
1 Week down  -20.18 %
1 Month down  -17.76 %
3 Months   
1 YTD down  -17.76 %

(*) Stock Price at the time of the recommendation.
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