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Tale of the Tape

Zacks Equity Research

Investors are betting against WebMD (WBMD), Should You?

by Zacks Equity Research   Published on

WBMD

Trades from $3
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Many investors appear to be quite bearish on WebMD Health Corp. (WBMD - Free Report) , especially if you look at the percentage of the float that is sold short for this stock. Currently, 20.7% of the float is sold short, suggesting an extreme level of bearishness for WBMD.

However, it is worth noting that earnings estimates have actually been moving higher for the company, despite the pessimism. Thanks to these rising estimates, we have a Zacks Rank #1 (Strong Buy) on WBMD, so we clearly don’t believe in the negativity surrounding this firm, and are instead looking for shares of WBMD to move higher in the weeks ahead.



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