Long Position on WBMD @ $51.80 on 2/3/2016 (Momentum)

Upward Trend on WBMDWebMD Health Corp. (WBMD) provides health information services to consumers, physicians and other healthcare professionals, employers, and health plans through its public and private online portals, mobile platforms, and health-focused publications in the United States.

Its public portals enable consumers to obtain information on health and wellness topics or on a particular disease or condition; assess personal health status; use online trackers, tools, and quizzes; locate physicians; receive periodic e-mailed newsletters and alerts on topics of individual interest; and participate in online communities with peers and experts.

The company’s public portals also enable physicians and healthcare professionals to access clinical reference sources; stay abreast of the latest clinical information; learn about new treatment options; earn continuing medical education credit; and communicate with peers.

Further, the company provides private portals that enable employees and plan participants with access to personalized health and benefit information, and decision support and transparency tools; and telephonic, online and onsite health coaching, and targeted condition management programs to make healthier lifestyle choices and achieve their wellness goals. 

Shares are heading higher using an upward trendline. The firm reports its earnings on February 23th. Higher share prices are expected for this stock.

 

52-Weeks Trading Range: $37.57 - $58.25

Entry Point: $51.80

Stop Loss: $49.20

Target Price: $57.00

Updates

3/4/2016 11:24:52 AM

WBMD closed at $57.54.

Position closed on 3/4/2016 at price of $57.54 with a 11.08% gain in 30 days.

Back to Portfolio