Monday, June 4, 2007

Wellpoint

I think Wellpoint (WLP) is looking to be in good shape. The health insurance company is in an industry that is poised to see large growth with the baby-boom generation retiring, and living longer than ever. They are a company that is similar, in my opinion, to United Heath (UNH), but are trading cheaper. In his last disclosure, Warren Buffett said he's been buying both of these companies.

I've followed United before, and while they are considered the tops in that industry, they have taken some heat in the past year, particularly with their CEO and alleged options scandals.

I like both companies, but favor Wellpoint because I see more room to the upside.

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