Sectoral Move: Obamacare

Obamacare has not been working. Insurers have pulled out of the exchanges and premiums are expected to keep rising (22% in 2017). Cost of care has reached exorbitant levels. Medical equipment companies were left to charge exorbitant prices. While some hospitals are at bankruptcy valuations, the other sectors (Medical equipment and IT remain expensive).

Sector/Industry Narrative/ Theme Stocks
Hospitals Failure of Obamacare ACHC, ADPT, CYH
Drug Pharmacies DPLO, MCK
Medical Equipment ABMD, AIRM, CYNO, EW, NUVA, TFX, ZBH
IT ATHN, CERN