Cigna has just jumped 7% after confirming it will not pursue a merger with Humana. It has eliminated the risk I mentioned in my post. I prefer Cigna to be as much insulated from the Government paid policies as possible. Republicans in the Government is another positive though termporary development for the industry. An existential risk of the single-payer health coverage is off the agenda for another four years. Republicans may cancel or replace ACA but this is marginal for Cigna.
Totally agree that this is a nice opportunity. I got in a few dips ago ( I believe in the 260-270 range) with a full position and am up strongly from there. I like CI a lot!
I also took a full position in ELV but not as happy with it for sure. I am fairly flat with ELV and may reallocate as there seems to be better managed opportunities. Trying to be patient. MOH is another I have been accumulating on dips. They all seem to be quite volatile as the election approaches.
Alexander, thank you as always for your very valuable insight. Would you put a guess on the Hum merger happening? ? Would you consider holding Hum? I know the economics of the businesses are nowhere near as good as CIGNA.
Cigna has just jumped 7% after confirming it will not pursue a merger with Humana. It has eliminated the risk I mentioned in my post. I prefer Cigna to be as much insulated from the Government paid policies as possible. Republicans in the Government is another positive though termporary development for the industry. An existential risk of the single-payer health coverage is off the agenda for another four years. Republicans may cancel or replace ACA but this is marginal for Cigna.
Totally agree that this is a nice opportunity. I got in a few dips ago ( I believe in the 260-270 range) with a full position and am up strongly from there. I like CI a lot!
I also took a full position in ELV but not as happy with it for sure. I am fairly flat with ELV and may reallocate as there seems to be better managed opportunities. Trying to be patient. MOH is another I have been accumulating on dips. They all seem to be quite volatile as the election approaches.
Alexander, thank you as always for your very valuable insight. Would you put a guess on the Hum merger happening? ? Would you consider holding Hum? I know the economics of the businesses are nowhere near as good as CIGNA.
Carsten, sorry missed your question. I am still not at full speed with the new platform. Today's events have answered your question.
Correct yes! They said "no" and the stock is up as a result!