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Jun 27, 2021 12:41 AM

Politics & Healthcare  Long

Cardinal Health, Inc.NYSE

Description

say what you will about politics, there's some interesting correlations between healthcare stocks and what U.S. President party presides. Cardinal Health ripped during the Obama years, looks like a rally underway with Biden in the oval office.

When nothing else works, healthcare does. I think companies like this are poised for a comeback. Long shares & calls at these levels. We bounced off what I call "Bush Jr." support and there's a huge gap up to fill. Bullish outlook is this thing could nearly double in the next couple years, but near term PT $75.75 where things took a big dump after Trump entered office.

Disclaimer: I'm not political so take your rhetoric and hash it out with people who care. I'm simply here to look at data & make money. 🤙🏽
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