$CVS

Momentum: In Healthcare? What if I told you CVS is up about 57% in one year. Humana is up 62% in 3 months you would think I am talking about memory stocks. The GLP1s may be saving American healthcare. Medicare advantage stocks like $CVS and $HUM are showing very high momentum on short and longer-term timeframes. The cost of care is declining as people shed weight. Insurers are benefitting. Medical device technology firms are generally hurt as there is less need for surgery (although I think that sell-off is overblown as issues are kicked out into the future). We also like Astrana Health $ASTH a healthcare provider which has strong earnings growth and momentum. We also turned bullish on $LLY a few weeks ago (noted on X) a few weeks ago.