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AH, MDRX Are Top Health Care IT Picks At J.P. Morgan

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J.P. Morgan reports that in the area of health care IT, its two top picks for 2011 are Accretive Health, Inc. (NYSE: AH) and Allscripts Healthcare Solutions (NASDAQ: MDRX).

“We view AH as an underappreciated story with the best growth prospects in our coverage universe, and multiple expansion from current levels should drive the shares higher,” J.P. Morgan writes.

“For MDRX, we believe management's 2011 guidance is conservative, and outperformance should drive the shares higher.”

Allscripts Healthcare Solutions closed at closed Wednesday at $20.13; Accretive Health closed at $16.50.

 

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Posted-In: accretive health Allscripts Healthcare Solutions J.P. MorganAnalyst Ratings

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