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January 15, 2004
MCO STOCKS UP 61% IN 2003; OFF TO SLOW START IN ‘04
After a spectacular 2003, managed care stocks fell in early 2004 after an ignominious downgrade by a key Wall Street analyst (see story, this issue). Still, investors can hardly complain given that in 2003 managed care stocks delivered a total return of 61%, topping all major market indexes for the fourth straight year, according to an MHMR tally of 20 issues.
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