WellCare Health Plans, Inc. (WCG)

Currently trading hands at a ludicrously low single digit multiple to FCF, Wellcare is providing investors with nothing short of an incredible opportunity to earn a double or more with relatively low risk over the next year or so.

As Bruce Berkowitz said recently in the latest OID, "Once WellCare concludes its legal issues -- and the settlement reserves and outrageous legal and accounting bills stop -- their true earnings power will become apparent." I agree. Wellcare's ability to generate cash over the next few years and beyond is being obscured by a number of temporary issues/concerns (both company and industry specific), none of which permanently impair their franchise. The bottom line is that this company is just way to cheap relative to its long term earnings power. Outperform.

Stock is discounted for a ruinous scandal, but the consequences are likely to be mild.

What a crazy markdown a month ago, from 128 to 21 in 5 short trading days. What a world!

Mid cap gem, has been on fire since IPO in 2004, membership and earnings have shown strong growth

This stock hit as low as it would go at $20.81, the most damage the federal case could do is tack them with a huge fine and ruin their reputation, but that will be years from now, its heading up so ride it up, if this case sees trial I'll jump ship, but only then.

Oversold and underated, the whole sector lost over $40BN in the past week after WellPoint came out with the revised Profit guidence.

This is a steal, they have hugh goverment contracts, they are the primary Medicaid provider and will be good for years.

Just MHO!

Higher highs, higher lows, narrow channel and a bounce off $59 - uptrend remains unbroken with a nice entry point today.

Recently, it's been showing signs of a strong stock.

No indication yet that federal fraud investigation will impact the underlying business as much as the 75% stock price drop

Cash flow and earnings were fine - will this really dry up in a hurry?

here is the typical speculator play - in the absence of sufficient information should you risk a play on the bounce. There has been panic selling - usually overdone - but not always. Worse news could be on the way

When the dust stels from the medicare overbilling investigation this very profitable company will recover from the current decline of the share price.

One of several picks. I am testing a new screen to find high potential but weak performing stocks. We'll see how they go...

cheap valuations and buyout

I chose wellcare health plans because of the aging population. The baby boomers will be needing more medical attention as well as purchasing more prescription medications to maintain their health. Companies such as WellCare Health will benefit from this group of people in the near future.

Way overblown reaction to the whistle blower caused raid on the company. WellCare’s Medicare Advantage plans are very attractive to Seniors

$6.8B Sales trading for cash on hand. Although legal matters scare me, I think that the market has oversold this stub.

With risk of a Dem in office next year, and baby boomers becoming more proactive in their health, expect this stock to stay downward this year. But up as more and more baby boomers age.

EMA Cross

Rapid growth, lots of cash, great customer service, leader in offering Prescription Drug Plans, superior website, top executives own a significant percentage of shares -- small enough to be swallowed up by many of the larger players in this consolidating field.

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