Centene Corp
CNC (NYSE)
Centene Corp (CNC) recently closed at a six-month high, demonstrating a 38.4% increase over that period. Despite this upward trend, the stock has faced challenges, with a one-year return of -27.17% and a five-year return of -31.92%. Analysts maintain a median price target of $45.00, with a range between $38.00 and $59.00, indicating that investors may find value in this healthcare sector stock amidst its potential for recovery.
Pros:
- Closed at a six-month high
- Strong recent performance
Cons:
- Negative one-year return
- Elevated medical expenses
Centene Corp (CNC) may be suitable for investors with a high-risk tolerance who are looking for potential opportunities within the healthcare sector, especially those willing to bet on a recovery despite recent underperformance. However, the lack of dividends and significant historical declines should prompt careful consideration of one’s investment strategy and time horizon before entering or expanding positions in this stock.