Friday, April 30, 2010

WellPoint Still On Point

There will be several articles by me going up on Investopedia today (and maybe Monday). Here's the latest.

http://stocks.investopedia.com/stock-analysis/2010/WellPoint-Still-On-Point--WLP-UNH-SNY-GSK-QDEL0430.aspx

The health insurance industry has seen more than its usual share of turbulence over the past year, what with the healthcare reform debate and seemingly mandatory attacks on the health insurance industry. Through all of that, WellPoint (NYSE: WLP) has continued to run its business exceptionally well. 

Results That Get Better As You Go AlongAdmittedly, top line growth is not a preeminent reason to own WellPoint shares. For the first quarter, the company saw revenue drop a fraction of a percent, while operating revenue was down about 3%. The economy is primarily responsible for this; with rising unemployment, the company saw premium revenue drop about 2% on a similar decrease in membership. (For more, see Intro To Insurance: Health Insurance.)


The rest can be read at Investopedia: 


http://stocks.investopedia.com/stock-analysis/2010/WellPoint-Still-On-Point--WLP-UNH-SNY-GSK-QDEL0430.aspx
 

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