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Health Stocks Jumping, Despite the News

By Jim Cramer

About this article:
The Blue Dogs may have some sort of health plan, but the market's got another: Buy anything that's delivering in any part of health care. McKesson, which distributes drugs, reported a great quarter and, holy cow, it gets a near $5 gain! Repudiation of health care reform writ large, because I could argue that anyone in the drug food chain should be crimped here. Amgen reports a good number, and it goes up again! I mean, how many times can you take a stock up on the same news? You can when a stock is simply depressed way beyond where it should have gone. Or how about MedcoHealth Solutions? When I had this company on my show a couple of weeks ago, it said it was friend of reform, not a foe. Totally true. But it didn't matter. It was in the health care group. The...

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