Stock Picks – Health Management Associates Inc-HMA

Health Management Associates Inc. (HMA) – This owner and operator of acute-care hospitals in the southeastern United States bottomed in November 2009 at under $1.   

In May 2009, it executed a very bullish gold cross and rose from $5 to its high in October at over $8. 

Upside volume has been accumulating since January, and yesterday the short stochastic issued a buy signal. 

A quick trade could result in a run to $8.25, but the longer-term target is $10. 

S&P has a 12-month target of $10 for the stock and rates HMA a “four-star buy.”

Related Articles:

• A 10% Dividend Play That’s Good as Gold
• 7 Ways to Tell a Stock is Headed Down
• 10 Tips to Getting Started With Technical Analysis 

The Secret to Money-Doubling Trades They Don’t Want You to Know
Professional traders Nick Atkeson and Andrew Houghton reveal their proven, time-tested strategy to finding money-doubling trades in a new report. It’s the trading “secret” so effective they were banned from sharing it with you — download your FREE copy here.