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Pair Trade of the Day
Long CVH, Short SPY
Coventry Health Care, Inc. may rise as it expands through acquisitions and raises prices on its policies, Barron's reported.
Managed-care companies' shares have dropped 18% during the last three months amid concern about how the U.S. health-care overhaul will be implemented, the weekly newspaper said in its July 5 edition. That may offer a buying opportunity for Coventry, which has fallen more than 30% since March, when Congress approved the measure, Barron's said. Click to view this pair.
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Our Focus List
Our focus list contains companies with significant pending catalysts. Click the company name for additional information.
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