Mizuho analysts: UHS, Quest Diagnostics and Cardinal Health to win big from tax reform

The Republicans' tax reform bill, which is now awaiting President Donald Trump's signature, slashes the corporate tax rate to 21 percent from 35 percent, a change domestically geared healthcare companies will benefit from, according to Reuters.

"We believe tax reform should be a significant positive cash flow event, especially for healthcare services companies that tend to have limited international exposure and significant capital expenditures," Mizuho Securities analysts said in a research note, according to Reuters.

Universal Health Services, a for-profit hospital operator based in King of Prussia, Pa.; Madison, N.J.-based lab testing company Quest Diagnostics; and Cardinal Health, a drug wholesaler based in Dublin, Ohio, are among the healthcare service companies that will benefit the most from the lower corporate tax rate, according to Mizuho.

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