BSX and UHS are on my watchlist and have been for the past 6 months or so. I have a small position in both companies and I’m down ~40% and ~30% respectively.
BSX has had a lot of insider purchases in the past few months which gives me some optimism and based on my calculations $75 is a fairly conservative price target.
I’m leaning toward UHS as I believe the company has been oversold and is more than capable of making a rebound long term. Based on my calculations a $200 price target is conservative.
I’m thinking of increasing my position in one or both but would like some insight. I have a long term time horizon and plan to hold these companies for at least a year.