Hospital Stocks Rise As ObamaCare Boosts Earnings

By | July 28, 2014

Scalper1 News

Hospital stocks are rising as more Americans gain coverage under ObamaCare. IBD’s Medical-Hospitals industry group has jumped to No. 10 out of 197 as of Monday’s IBD, up from No. 32 three weeks ago. The group has risen 28% this year, easily beating the S&P 500’s 7% gain. The industry so far appears unscathed by conflicting court rulings last week on the legality of subsidies that make health care more affordable for ObamaCare patients. The D.C. Scalper1 News

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