'More room to run' for hospital stocks

Ben Levisohn at Barron's has taken stock of hospital investor and analyst sentiment following the second-quarter earnings reports of most of the industry players. His takeaway: Stocks of HCA Holdings, Community Health Systems, LifePoint Hospitals and their peers have "more room to run" thanks to the benefits of the Affordable Care Act and a still-improving economy.

"It is the first time since the credit crisis that the group has had multiple drivers still in front of it," says UBS analyst A.J. Rice.