Cramer’s Stop Trading! – WellPoint Inc. to $90

WellPoint Inc. (NYSE:WLP) next year could shoot $40 higher than its Wednesday trading price, as long as the stock’s price-to-earnings multiple normalizes,” Jim Cramer said on Wednesday’s “Stop Trading!” segment. He said there was no stopping WellPoint now and that it was on the move. Cramer predicted $6.50 in 2010 earnings per share for WLP, which, when given WLP’s historic 14 price-to-earnings multiple, wound send shares to Cramer’s new target of $91 a share. Currently, WLP’s PE is around 10.5 times earnings. Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!

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