NEW YORK ( TheStreet) -- With a small-cap rally leading 2009 equity gains, conventional market wisdom dictates that large-cap companies in the health care sector should receive more attention in 2010.
Is the Merck scenario any healthier?
Managed care stocks have experienced quite the run-up as a resolution in healthcare reform has become more visible.
WellPoint ( WLP), right alongside Cigna, has benefited more than the managed care peer group from the recent rally.
The medical technology health care sub-sector doesn't face the direct threats of managed care in the health care reform package.
One health care sub-sector that experienced no major reform overhang is information technology. The move to electronic records for hospitals and physician practices was never in doubt.
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