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Here's Why Cigna (CI) is a Strong Value Stock
Zacks Investment Research· 2024-04-12 14:46
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style Sco ...
The Cigna Group Named Among Best Employers for Health and Well-Being
Prnewswire· 2024-04-09 17:16
Company Recognized for Excellence in Health Equity         BLOOMFIELD, Conn., April 9, 2024 /PRNewswire/ -- Global health company The Cigna Group (NYSE: CI) has been recognized for excellence in employee health and well-being by the Business Group on Health, and for its commitment to health equity. This marks the 17th consecutive year the company has been recognized for its commitment to advancing employee well-being through comprehensive and innovative benefits and initiatives. "We believe that employers ...
Cigna: Time To Sell The Stock After A 50% Return? No, Here's Why
Seeking Alpha· 2024-04-09 12:45
JamesBrey Introduction The Cigna Group (NYSE:CI) is one of those companies that I have to admit I underestimated at first glance. I originally covered CI stock back in June 2022 when it was trading at $260. At the time, I concluded that there wasn't significant upside potential due to its comparatively weak profitability, regulatory risk, and still high debt - clearly, I was wrong, as I discussed in my November 2022 update, when CI had appreciated roughly 25% to $320. But it was only a month later that ...
The 3 Best Healthcare Stocks to Buy in April 2024
InvestorPlace· 2024-04-03 20:09
The recent uptick in U.S. manufacturing signals a promising trend for the economy. Investor confidence in the economy’s stability is reflected in the decreasing odds for a June rate cut, indicating optimism about future monetary policy. With the Federal Reserve maintaining interest rates and anticipating further cuts, coupled with market resilience, the stage is set for continued economic growth in the United States. Particularly with some of the best healthcare stocks available to buy in April.The healthca ...
S&P 500 Achieves a New Milestone: Top 5 Non-Tech Picks
Zacks Investment Research· 2024-03-20 13:05
U.S. stock markets have been maintaining their northbound journey in the first quarter of 2024 after an impressive 2023. Year to date, the broad-market index — the S&P 500 — is up 9.2% after rallying 23.9% in 2023. Wall Street’s benchmark has posted several all-time highs on both an intraday and a closing basis so far this year. The latest was on Mar 19, as the index closed at 5,178.51, marking a fresh closing high.The fundamentals of the U.S. economy remain robust. U.S. GDP rose 2.5% in 2023 compared with ...
CI or HUM: Which Is the Better Value Stock Right Now?
Zacks Investment Research· 2024-03-18 16:46
Investors looking for stocks in the Medical - HMOs sector might want to consider either Cigna (CI) or Humana (HUM) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank favors stocks with strong earnings estima ...
Cigna Group (CI) Soars to 52-Week High, Time to Cash Out?
Zacks Investment Research· 2024-03-14 14:16
Have you been paying attention to shares of Cigna (CI) ? Shares have been on the move with the stock up 3% over the past month. The stock hit a new 52-week high of $349.13 in the previous session. Cigna has gained 16.5% since the start of the year compared to the 7.9% move for the Zacks Medical sector and the -4.1% return for the Zacks Medical - HMOs industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in ...
The Cigna Group (CI) Presents at Barclays 26th Annual Global Healthcare Conference Transcript
Seeking Alpha· 2024-03-13 01:07
The Cigna Group (NYSE:CI) Barclays 26th Annual Global Healthcare Conference March 12, 2024 4:05 PM ET Company Participants Brian Evanko - CFO Conference Call Participants Andrew Mok - Barclays Andrew Mok Welcome back to the Barclays Global Healthcare Conference. My name is Andrew Mok, I'm the Managed Care and Facilities analyst here at Barclays. With me on stage, I'm pleased to welcome Brian Evanko, CFO of Cigna Group. Brian, welcome. Brian Evanko Thanks [Indiscernible]. Question-and-Answer Session Q - A ...
The Cigna Group (CI) Presents at Barclays 26th Annual Global Healthcare Conference Transcript
2024-03-13 01:07
The Cigna Group (NYSE:CI) Barclays 26th Annual Global Healthcare Conference March 12, 2024 4:05 PM ET Company Participants Brian Evanko - CFO Conference Call Participants Andrew Mok - Barclays Andrew Mok Welcome back to the Barclays Global Healthcare Conference. My name is Andrew Mok, I'm the Managed Care and Facilities analyst here at Barclays. With me on stage, I'm pleased to welcome Brian Evanko, CFO of Cigna Group. Brian, welcome. Brian Evanko Thanks [Indiscernible]. Question-and-Answer Session Q - A ...
Here's Why You Should Add Cigna (CI) Stock to Your Portfolio
Zacks Investment Research· 2024-03-12 15:26
The Cigna Group (CI) is well-poised to grow on the back of strategic acquisitions and collaborations, and rising pharmacy revenues. Its diversified product portfolio, wide agent network and growing Evernorth business bode well.Cigna, with a market cap of $100 billion, is a healthcare plan providing company in the United States with a wide range of products. CI provides pharmacy services, benefits management, care solutions, as well as data and analytics. These services are used by health plans, employers, h ...