SOURCE: Research Driven Investing
NEW YORK, NY--(Marketwire - Feb 12, 2013) - Health Care stocks have been on an impressive run to start 2013. The Affordable Care Act will provide millions of Americans with access to healthcare, creating new revenue streams for companies across the sector. Research Driven Investing examines investing opportunities in the Health Care Sector and provides equity research on CVS Caremark Corporation (NYSE: CVS) and Walgreen Company (NYSE: WAG).
Access to the full company reports can be found at:
The Affordable Care Act (Obamacare) requires every American to acquire health insurance by 2014 or be subjected to a tax. For those who can't afford health insurance they will be offered subsidies or Medicaid. Statistics from the Census Bureau show that approximately 50 million Americans did not have health insurance in 2009.
According to the Centers for Medicare and Medicaid Services total health care spending is projected to grow from an estimated $2.8 trillion last year to $4.8 trillion by 2021, an increase of 70 percent. "There's just a lot more money flowing into health care and we're seeing the markets react accordingly," says Invesco portfolio manager, Derek Taner.
Research Driven Investing releases regular market updates on the Health Care Sector so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.RDInvesting.com and get exclusive access to our numerous stock reports and industry newsletters.
With the 2007 merger of CVS Corporation and Caremark Rx, Inc., CVS Caremark became an integrated provider of prescriptions and related health services with an unmatched breadth of capabilities. For the full year 2012, the company reported net revenues increased 15 percent to a record $123.1 billion, with Pharmacy Services posting a 24.7 percent gain in revenues.
As the nation's largest drugstore chain with fiscal 2012 sales of $72 billion, Walgreens vision is to become America's first choice for health and daily living. The company operates 8,067 drugstores in all 50 states, the District of Columbia and Puerto Rico. The company recently reported January sales increased 6.3 percent year-over-year to total $6.15 billion in January.
Research Driven Investing has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: