5 High Yielding Birth Control Stocks
An Institute of Medicine medical advisory panel recently recommended to the Health and Human Services Department that contraception should qualify as preventive care. Since insurers must fully cover the cost of preventative care under the new health care law, then everyone would have access to free birth control. No decision has been made yet by the Obama administration.Income investors who believe that birth control is a growing business have plenty of dividend paying stocks to choose from. Here are some companies involved in birth control, some in a small way, some in a large way.Merck (MRK) is the manufacturer of the NuvaRing, a combined hormonal contraceptive vaginal ring available by prescription and Implanon, a single-rod long acting reversible hormonal contraceptive birth control subdermal implant that is inserted just under the skin of the upper arm. The stock has a nice yield of 4.2%, and a forward PE of... Read more