HCA: HCA Healthcare Swing 6/7% (or long term investment)
Happy Fourth of July, the most American way to celebrate is profiting off healthcare.
HCA Healthcare is the largest publicly traded healthcare system in the United States.
Has the scale to swallow non-profits and small scale hospitals across the United States.
Limits loss caused by Medicare and Medicaid patients by operating hospitals only in economically sound urban areas.
Focused on regions with higher median age such as Florida.
Combatting nursing shortage with a majority stake in Galen Nursing College.
Lots of debt but high cashflow limits the risk.
TA:
Weekly MACD Cross
Weekly 50ma
Fell in April due to UNH earnings concerns (nothing changed fundamentally)
Trading within a channel since December
Took an initial position April 23rd added more at 135.15. Looking to sell some at 144.00 and hold the rest for long term investment
HCA Healthcare is the largest publicly traded healthcare system in the United States.
Has the scale to swallow non-profits and small scale hospitals across the United States.
Limits loss caused by Medicare and Medicaid patients by operating hospitals only in economically sound urban areas.
Focused on regions with higher median age such as Florida.
Combatting nursing shortage with a majority stake in Galen Nursing College.
Lots of debt but high cashflow limits the risk.
TA:
Weekly MACD Cross
Weekly 50ma
Fell in April due to UNH earnings concerns (nothing changed fundamentally)
Trading within a channel since December
Took an initial position April 23rd added more at 135.15. Looking to sell some at 144.00 and hold the rest for long term investment
Trade closed: target reached
Comment:
still holding half