Perhaps it is because I just went to the doctor today for a three month check up on my ACL surgery (all is well), but I am thinking healthcare today. That may be a theme of my next MFI tranche. From everything I am reading, the ACA appears to really be helping the healthcare industry, and I do not think it is too late to get in on this trend.
I made a listing of potential stocks for future research:
ENSG - nursing and rehab services
MD - neo natal care
UTHR - pharmaceutical
ANIK - bio med
MMS - process services for medical industry
I think this is an interesting group of names in an industry that should have good tail winds for the next several years.
To be continued
In Other News
I have two companies reporting earnings tomorrow - GPS and BRCD. Always a bit of a crap shoot, hopefully my homework will pay off.
I did buy two stocks today. I bought TCMCF, which is the new symbol for T-Meds. If I have done the math right, these are a great deal right now (I think as they are so much more lightly traded, so price dislocation is more common). I bought the shares from $13.80. TC trades at 3.05. The multiplier is 5.388, which implies a value of $16.43 per share, plus 3 40 cent dividends. So I figure if TC stays where it is today through next May, I make 26%. That seems pretty good for 8 month investment. I may buy more shares is the dislocation in price continues. This will be part of my dividend portfolio.
I also bought a few more shares of TLM. I still believe there is a strong likelihood of a bid for TLM.
I have changed BBEP so my dividends reinvest, I am becoming more and more a believer in their ability to create value. I do not have the table in front of me, but I did look at my holdings by portfolio. MFI is my smallest at a bit more than 20%. Cash was 28% and dividends and discretionary portfolios were a tad over 25%. My takeaways were (1) I have plenty of cash and (2) I am underweight MFI which has been a top performer. So I will continue to try and ramp that up.
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2 comments:
I think healthcare is a great industry to think about over the next 10-20 years, with the aging and sad but true unhealthy population. I've owned Davita for just over a year (bought around 56.90). Dialysis services company that berkshire started buying over a year ago (and has added positions to several times). Maybe one to consider...Would love to hear your take on it
I know I looked at DVA when Berkshire first began buying. I just never pulled the trigger.
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