Sector Scan: Hospital Supply and Management

Investigate these trends for short-term trading and options

   

It’s looking like healthcare stocks in the Health Care SPDR (NYSE:XLV) are going to end the year with a 15%-20% gain. And no surprise–with the Affordable Health Care Act, Obama’s reelection and a generally aging and ailing population, health care is a sector that will keep paying you for years to come.

My Power Options system identifies the best candidates for option trading or short-term stock trading, and this week it’s showing some interesting opportunities in hospital supply and management stocks. These names are both volatile and liquid, two important characteristics of profitable options trading.

Use the following information to help you with your own options or short-term stock trading program.

Reestablished Buy

This stock has confirmed its upward trend after a temporary pullback. Such a bounceback is one of the most reliable buy signals.

  • Baxter International (NYSE:BAX)

Quiet Stocks

These stocks are in upward trends, but are temporarily leveling or pulling back.

  • Becton, Dickinson & Co. (NYSE:BDX)
  • Johnson & Johnson (NYSE:JNJ)

Improving Stocks

This stock is temporarily improved from a downward trend and shows good upside characteristics relative to other stocks, but overhead resistance may limit the upside.

  • Abbott Labs (NYSE:ABT)

Laboring Stocks

These stocks are in downward trends. They’ve tried to rally up, but without much success.

  • C.R. Bard (NYSE:BCR)
  • Humana (NYSE:HUM)

InvestorPlace advisor Ken Trester is editor of the popular Maximum Options program. Trester has been trading options since the first exchanges opened in 1973 with a winning streak that goes back to 1984 with money-doubling average annual profits since 1990.  Try Maximum Options today for 2 months for only $99.


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