Strong Momentum To Buoy Large Cap Healthcare Says Jefferies

Momentum in equities should parlay into solid performance for larger cap healthcare names such as pharmacy benefit managers, labs and hospitals.

In the report, Jefferies writes, “We continue to believe that [Quest Diagnostics] DGX, [Express Scripts, Inc.] ESRX, [Medco Health Solutions, Inc.] MHS (NT beta plays with solid 2H11 fundamentals) and home nursing providers [Almost Family Inc.] AFAM, [Amedisys Inc.] AMED, and [Gentiva Health Services Inc.] GTIV (value) will outperform this year.”