Reporting Season: Healthcare update

Morgans Financial Limited

Morgans Financial Limited

It's been a tough start to the healthcare reporting season with some wild swings in share prices (Ansell, Cochlear and CSL). Ansell provided some disappointing guidance for FY16 and the outlook for CSL was a little softer than what we were expecting, however this was a result of reinvestment in their R&D pipeline. We continue to like CSL so we are using the recent share price weakness as a buying opportunity. Next week Sonic Healthcare, Healthscope and Ramsay Health Care are reporting. We'll be keeping a close eye on these stocks and we expect them to deliver in line with consensus guidance. Senior Analyst Scott Power discusses his recommendation for these companies, as well as Capitol Health, in his latest Healthcare Update:


1 topic

Morgans Financial Limited
Stockbroker
Morgans Financial Limited

Morgans is Australia's largest national full-service retail stockbroking and wealth management network with over 240,000 client accounts, 500 authorised representatives and 950 employees operating from offices in all states and territories.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.