Andy Serwer Commentary:
Street Life by Andy Serwer Column archive
May Day stocks: Avoid the chicken
Two health insurers may be worth looking at, despite their problems, but stay away from Tyson.

NEW YORK (Fortune) - May Day! May Day! Stocks going down! Just kidding. I have no idea what today has in store, but there is some beautiful tape of rallies in Cuba this morning. Now if they could only organize their economy, but that's another story ... It will be interesting to see how "A Day Without Immigrants" plays out, right?

UNITED HEALTHGROUP: CEO William McGuire must have said "Show me the money." And the board sure did. As of the end of 2005, the dude held stock options worth $1.6 BILLION. Holy Toledo, that's a lot of greenbacks! Yes, the stock has been up 70-fold over the past 15 years, but get this, his options were granted on THE best possible day in '97, '99 and 2000. And McGuire refuses to discuss how the options were awarded! Gad Zukes, that smells fishy! In fact UNH (Research) has backed off its highs recently. I think they will be paying the CEO much less soon. Could be one to look at.

TYSON FOODS: Thought we'd take a look at this company on this "Day Without Immigrants." Tyson said it was shutting 13 of its plants, presumably because so many of its workers will be taking the day off to support the national awareness thingamajig. Tyson, the largest food processor in the world, sure has had problemos over the years. The Springdale, Ark, company got in trouble giving for former Agricultural Secretary Mike Espy money. Then there's the illegal immigrant scandal in 2001, price manipulation in 2004, and executive perks case in the same year. Wow! I'm sorry. I like protein as much as the next feller, but this one (Research) always smells a little bit rank to me.

HUMANA: Another healthcare company story here, earnings down 22 percent this morning. Sounds terrible right? Well it ain't good, but maybe not a catastrophe. Company introduced a new prescription plan which hits 'em with a one-time cost. On an operating basis HUM (Research) made some coin, but still fell short of expectations. The real problem is this stock has climbed from single digits to $45 over the past three years, and now the stock's a bit pricey (duh!). But, it has backed off from the mid $50s, and when you think demographics, this company has a very solid future in front of it. A buy and hold for the duration.

LOOSE CHANGE: A word on John Kenneth Galbraith, who passed away over the weekend. I always found him to be the most readable economist around. But maybe that's because he worked at FORTUNE for five years in the 1940s. How cool is that?... Was at an art opening for Anne Russinof and Tony Saunders on Saturday in Soho. A great show, go see it. Tony, a huge 'Mission of Burma' fan, told me how Karen Palmer, formerly of American Morning, helped hire said band at Terrace at (funky) Princeton. Funny, we hired same band at our little social club back at school too! Any other MOB stories for us???

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E-mail Andy Serwer at serwer@fortunemail.com

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.