Wall Street Always Says the Quiet Part Out Loud
The devil's in the details when it comes to any realistic M4A progress under a Biden admin.
Holding out for any radical M4A changes under this administration? Sure doesn’t look like it. I’d love to be proven wrong on this one, but…
Here’s a snippet from Kiplinger’s "13 Best Healthcare Stocks to Buy for 2021."
“Last fall,UnitedHealth Group(UNH, $344.51) was struggling to deliver any kind of performance for its shareholders due to the threat it faced from potential "Medicare for All" proposals by Democratic presidential candidates.
Thankfully (for UnitedHealth), Joe Biden became the Democratic nominee over the summer, and subsequently president-elect. Managed-care stocks will do better under Biden, who's against Medicare for All, and UNH might end up being one of the best healthcare stocks of 2021.”
We’re in a pandemic but I guess we’re just acting like millions of people haven’t lost their healthcare. Here’s to hoping I’m proven wrong. Hang in there, friends.
Til next time,
- Aly