Jefferies & Company Healthcare Update (SKH, AMED, GTIV, AFAM, LHCG)
Jefferies & Co. cited fears of the European economic fallout for last week's sell off in healthcare stocks and said that valuations in defensive equities like Skilled Healthcare Group (NYSE: SKH), Amedisys (NASDAQ: AMED), and Gentiva Health Services (NASDAQ: GTIV) look "increasingly compelling."
In addition to AMED and GTIV, Jefferies said that they like Almost Family (NASDAQ: AFAM) and LHC Group (NASDAQ: LHCG), despite last week's sharp sell off in the names. One of their favorite larger cap names is Express Scripts (NASDAQ: ESRX), which the firm said was one of their top 5 picks this week. There top pick for the week is SKH, which has jumped 1.76% to $7.52 during today's trading session.
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