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Opinions The Panic-Proof Portfolio (Stockchase Research)
CenteneCNCTOP PICKJan 25, 2024
$73.07
Stock price when the opinion was issued
$60.96
As of Jun 18, 2026. Market Open.
Healthcare
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.
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BUY
His favourite health insurer. CNC mostly manages government health plans, so it will benefit huge from any expansion of medicare. It down modestly from its high, but this boasts an ultra-low 14x earnings. Meanwhile, their acquisitions are working well and they're buying back lots of shares.
Healthcare
CNC provides healthcare to under-insured families and military personnel in the US. Healthcare is a sector expected to grow for years to come as the population ages. It trades at 1.6x book and 17x earnings. Cash reserves are growing as stock is aggressively bought back and debt is retired. We recommend placing a stop-loss at $63, looking to achieve $88 -- upside potential of 20%. Yield 0%
(Analysts’ price target is $88.33)