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He'll also provide upside as a returner.
"Aetna is among the best-run commercial plans," he said, and Cigna is in a turnaround phase that may provide "upside earnings surprises". President Bush has requested cuts in Medicare spending in his latest budget, but Congess is unlikely to approve such cuts in an election year, in the view of Ira S. Loss of Washington Analysis, which monitors federal agencies for investors.
The key policy which could provide upside we believe is Help to Buy equity loan where we believe a temporary increase in the equity stake taken by government to 30% (still remaining short of the 40% in the London Help to Buy product) could provide meaningful support to volumes, as could a short term stamp duty holiday at the lower end of the house price scale.
"A more seasonal build would provide upside to our estimates".
Still, new deals with Fox Sports South, Time Warner, and Walt Disney provide upside.
Valuations, global economic growth forecasts and accommodative international central bank policies all provide upside possibilities for international stocks in my view.
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Earnings on the whole are also providing upside surprises and so the bulls remain firmly in control.
And a stronger currency provides upside on the bond price.
Just as indexing the S&P 500 has proven its worth since its inception, FIAs have been proving their worth by providing upside potential with no market risk to principal.
This could provide some upside to 2009 earnings and we expect the company to update its outlook on 30 July.
Food retail assets aren't going to be undermined by disintermediation online, so we expect that property values could provide legitimate upside for the shares.
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