Posted in company, funds, sectors, tickers

Obamacare

Upcoming U.S. political elections in November will have marginal impact on the stock market, specifically companies backed by ratified national budgets in defense equipment and medical sectors.

UnitedHealth Inc’s (UNH) shares more than doubled since President Obama required Americans to get health insurance, so the policy ruling guaranteed companies like UNH millions more customers.

In earnings news, Ulta Salon, Cosmetics & Fragrance Inc (ULTA) was trading at all-time highs Friday after the beauty products retailer announced first-quarter income of $1.45 per share on $1.07 billion in revenue.

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