Cigna Corporation (NYSE:CI)
The Company and its subsidiaries are an investor-owned health care organizations & are major providers of health care benefits which are offered through the workplace, including health care products & services, group disability, life & accident insurance.
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Stock has rebounded too far for a company with troubles. At this price, there's llittle margin for error.
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Prematurely speculative pick on a possible Health Insurance Carrier play driven by National and State proposals on HealthCare Reform. See my blog entry on the topic.
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great quarterly led to a sharp pop, then bears came in and pushed it down irrationally. stock should be at 52-week high in no time.
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One of the smartest buys I ever made was CIGNA at $35 a couple of years ago. One of the dumbest moves was selling at $65 then at $75... I'm hopeful that my re-entry at $90 this year will prove to be as fruitful - I'm looking for $130 in the next 6 to 12 months.
Lots of CI's consumer-driven work is starting to pay off, and should continue to do so. There are huge opportunities in the health risk management arena (assisting employers get/keep employees healthy) - I think CIGNA is focused appropriately on those.
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This stock was picked by TMF Infinite Jest.
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