The Successful Investor Hotline – Friday, January 10, 2014

Article Excerpt

In next week’s Successful Investor Hotline, we’ll reveal our #1 stock pick for 2014. Don’t miss this unique opportunity to profit. CGI GROUP INC., $34.37, Toronto symbol GIB.A, fell 2.5% on Friday after the U.S. government said it would use another company to fix the Healthcare.gov website, which lets Americans shop for health insurance plans under the Affordable Care Act (or Obamacare). GCI is the lead contractor for the website. Since the site began operating on October 1, 2013, visitors have had trouble logging on and evaluating the various health plans. As a result, fewer users than expected have signed up. The Obamacare contract expires next month, but the U.S. government could have renewed the deal for a year or two. Even so, the revenue from the contract is probably small next to the company’s annual revenue of $10 billion. As well, the Obamacare problems should have little impact on CGI’s reputation. For example, Sweden’s government healthcare authority recently hired CGI…