Get Online With This e-Commerce Insurance Leader
As the leading private online health insurance marketplace, innovator eHealth (NASDAQ: EHTH) attracted more than 17 million unique visitors last year by combining a wide selection of plans with the level of support provided by traditional health insurance brokers. Customers can research, compare, and purchase health insurance products from more than 170 carriers, all of which are deeply technologically integrated with the eHealth platform.
After a stratospheric run that resulted in nearly a tenfold increase in just over a year, shares of eHealth are finally taking a breather. The stock reached a high of $112.22 on the strength of its July 26 earnings report and has trended downward since. But there hasn't been any news over the past couple of months that suggests a deterioration in the fundamental growth story; it's more likely that traders took profits on eHealth and moved on to other growth names. Now more than 40% off its peak, eHealth is presenting a second-chance entry opportunity.
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Source Fool.com
