"Retiring baby boomers are quickly becoming big business," says Jonas Elmerraji In The Rhino Stock Report he looks to managed healthcare firm Coventry Health Care (NYSE: CVH).
"In my view, one of the best ways to profit from the baby boomer trend is by investing in companies that will be providing health care to the group, and getting remittance checks from Uncle Sam.
"Coventry Health, a national managed health care firm, is located just 30 minutes away from my office here in Baltimore.
"The company has long been on my short list for the Rhino Stock Report, but concerns about how Obama's health policies would impact their bottom line kept Coventry out of your inbox. Until now.
"Wall Street reacted violently to the Obama health plan - too violently in fact, sending shares of CVH spiraling down to ultra-low levels. That's why we're looking at this stock.
"When Coventry rights itself, we should be looking at impressive returns. Still, this stock is a long-term play; its best potential will be felt when baby boomers start to really retire en masse.
"In its latest earnings announcement, Coventry managed to beat dismal analyst estimates and raise revenue guidance for their next quarter. Because of the company's strong performance, it's time to add them to our model portfolio."
