The Recovery Stock the Market Missed
HealthEquity (NASDAQ: HQY), one of the nation's largest providers of health savings accounts (HSAs) and other benefits, has been disappointing Wall Street lately, cutting guidance and lagging the market. But a peek into the business reveals that despite its shares' poor performance, HealthEquity is taking market share with sticky and enduring products. . .
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HealthEquity's stock really plunged in in March and April, dropping even deeper than the market average. Investors may have feared that high unemployment and a shrinking economy would wreck the company's earnings, which are indeed highly tied to employment. But those short-term fears look unlikely.
Source Fool.com