Centene (CNC) has been beaten down lately with too much selling pressure. While the stock has lost 5.2% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measures the speed and change of price mov ...

Group 1 - The Senate's rules committee recently rejected a key provision of the "grand plan" pushed by the Trump administration, which aimed to limit states from obtaining federal funds through taxes on Medicaid service providers [1] - The proposed provision sought to freeze the long-standing tax mechanism used by 49 states to collect taxes from hospitals and clinics providing Medicaid services, with the Senate version suggesting more aggressive adjustments to significantly reduce such tax scales [1] - The ruling from the Senate rules committee represents a significant setback for the legislative process of this controversial provision, as it is rare for the Senate to overturn the committee's decisions [1] Group 2 - The policy battle has significant implications for the U.S. health insurance industry, with stocks of companies deeply involved in Medicaid programs, such as Centene and Molina Healthcare, experiencing increases following the Senate's ruling [2] - National comprehensive insurers like UnitedHealth and Humana, as well as integrated healthcare groups like CVS Health and Cigna, also saw their stock prices rise in response to the news [2]

Market Overview - Significant turbulence in global financial markets due to escalating hostilities between Israel and Iran, particularly Israeli airstrikes on Iran's nuclear facilities [1] - Major U.S. indices experienced sharp declines, with the Dow Jones Industrial Average down 1.8% (769.81 points), S&P 500 down 1.1% (68.29 points), and Nasdaq Composite down 1.3% (255.67 points) [2] Investment Opportunities - Value stocks may become attractive during market uncertainty as they are often priced below intrinsic value, providing a margin of safety [3] - Effective valuation metric for value stocks is the Price to Cash Flow (P/CF) ratio, with companies like StoneCo Ltd. (STNE), Centene Corporation (CNC), CVS Health Corporation (CVS), and Pfizer Inc. (PFE) showing low P/CF ratios [4][10] Financial Health Metrics - P/CF ratio is preferred over Price/Earnings (P/E) as it reflects a company's financial health by adding back non-cash charges to net income [5][6] - Positive cash flow indicates increased liquidity, allowing companies to settle debts, reinvest, and undertake shareholder-friendly actions [7] Value Investing Strategy - A comprehensive investment strategy should include multiple metrics such as price-to-book ratio, price-to-earnings ratio, and price-to-sales ratio, along with a favorable Zacks Rank and Value Score [8][12] - Parameters for selecting true-value stocks include P/CF less than or equal to industry median, minimum stock price of $5, and various other financial ratios [9][11] Company Performance Insights - StoneCo (STNE) has a Zacks Rank 1, with projected sales and EPS growth of 10.9% and 4.4% respectively, and shares have risen 15.2% in the past year [14] - Centene (CNC) holds a Zacks Rank 2, with projected sales and EPS growth of 10.1% and 1.5% respectively, but shares have declined 19.1% in the past year [14] - CVS Health (CVS) also has a Zacks Rank 2, with projected sales and EPS growth of 3.5% and 12.6% respectively, and shares have increased by 10.4% in the past year [15] - Pfizer (PFE) carries a Zacks Rank 2, with projected sales and EPS declines of 0.6% and 1.6% respectively, and shares have fallen 9.1% in the past year [16]

Investors might want to bet on Centene (CNC) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Individual in ...

Group 1 - Centene (CNC) has experienced a downtrend, losing 7.8% over the past four weeks, but a hammer chart pattern suggests a potential trend reversal as buying interest may be emerging [1][2] - The hammer pattern indicates a possible bottoming out, with selling pressure likely subsiding, and is supported by a consensus among Wall Street analysts raising earnings estimates for the company [2][7] - The consensus EPS estimate for the current year has increased by 0.1% over the last 30 days, reflecting analysts' agreement on the company's potential for better earnings [8] Group 2 - Centene currently holds a Zacks Rank of 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks, which typically outperform the market [9][10] - The upward trend in earnings estimate revisions is a bullish indicator, suggesting that price appreciation may occur in the near term [7][8] - The hammer chart pattern, when formed at the bottom of a downtrend, signals that bears may have lost control, indicating a potential trend reversal [5][6]

Core Insights - Centene (CNC) is a significant player in the medical services market, particularly noted for managing the largest portfolio of Medicaid policies in the United States [1] Company Overview - Centene dominates the Medicaid market, indicating a strong position within the healthcare sector [1] Market Position - The company is often overlooked despite its substantial influence and market share in medical services [1]

Core Points - Health Net is responding to the State of Emergency declared by Gov. Newsom in San Joaquin County due to the Victoria Island Incident, prioritizing support for affected members and healthcare providers [1] Member Support Initiatives - Members can secure emergency medication supplies through two options during the State of Emergency [2] - Health Net offers 24/7 crisis support via Behavioral Health Services and telehealth services at no cost for members unable to reach their primary care provider [2][3] - Members can access local community resources by calling 2-1-1 or visiting 211.org [3] Healthcare Provider Support - Healthcare providers can contact Health Net for assistance during the emergency, with specific support measures in place for those in affected areas [3][4] - Health Net will suspend refill limitations for prescriptions at out-of-network pharmacies if the original pharmacy is closed [4] Additional Resources and Services - Health Net is providing ongoing support including mental health referrals, social services, financial assistance, and legal guidance [4] - The company will extend grace periods for notifications related to various healthcare services and waive prior authorization requirements while maintaining notification requirements [4] Company Overview - Health Net, a subsidiary of Centene Corporation, has been operating in California for over 45 years, serving more than three million members with a network of over 117,000 providers [6] - The company offers a range of health plans and services, including behavioral health and substance abuse programs, and employs over 5,700 people in California [6]

Core Insights - The second half of 2025 begins with cautious optimism in U.S. stock markets, despite ongoing geopolitical tensions, particularly between the U.S. and China, which are affecting the global economic outlook [1] - The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all recorded modest gains, indicating a resilient market environment [2] Value Investing Appeal - Rising uncertainty in the market enhances the attractiveness of value investing strategies, particularly using the Price to Cash Flow (P/CF) ratio as a key valuation metric [3][9] - The P/CF ratio is favored over the Price/Earnings (P/E) ratio as it reflects a company's financial health by accounting for non-cash charges [4][5] Selection Criteria for Value Stocks - Effective value investing requires a comprehensive approach, considering multiple metrics such as price-to-book ratio, price-to-earnings ratio, and price-to-sales ratio, alongside a favorable Zacks Rank and Value Score [7][11] - Parameters for selecting true-value stocks include P/CF less than or equal to the industry median, a minimum stock price of $5, and an average 20-day trading volume exceeding 100,000 [8][10] Featured Value Stocks - StoneCo Ltd. (STNE) has a Zacks Rank of 1, with a trailing four-quarter earnings surprise of 6.4% and projected sales and EPS growth of 10.9% and 5.9%, respectively [12][13] - Centene Corporation (CNC) holds a Zacks Rank of 2, with a trailing earnings surprise of 25.5% and expected sales and EPS growth of 10.2% and 1.4%, respectively [13] - CVS Health Corporation (CVS) also has a Zacks Rank of 2, showing a trailing earnings surprise of 18.1% and projected sales and EPS growth of 3.5% and 12.6%, respectively [14] - Pfizer Inc. (PFE) carries a Zacks Rank of 2, with a trailing earnings surprise of 43.5% but expected declines in sales and EPS of 0.6% and 1.6%, respectively [15]

Core Insights - Health Net awarded a $2.6 million grant to support individuals exiting the criminal justice system in Sacramento County, providing access to essential services for successful community reintegration [1][2][4] - The initiative aims to reduce recidivism rates, which show that 66% of individuals are re-arrested within three years and 82% within ten years of release [2] - The project includes the operation of a 59-room motel as an interim shelter, offering comprehensive support services beyond just housing [3][4] Company Overview - Health Net, a subsidiary of Centene Corporation, has been operating in California for over 45 years, providing health plans for various demographics, including those eligible for Medi-Cal and Medicare [6] - The company serves more than three million members and has a network of over 117,000 providers across the state [6] - Health Net has committed over $158 million in funding to community-based organizations from 2017 to 2024, demonstrating its ongoing investment in local initiatives [4]

Core Insights - Health Net and the Centene Foundation announced a partnership investment exceeding $7.2 million to enhance healthcare services for underserved Californians through mobile health clinics [1][2] - The initiative aims to address barriers to care such as transportation issues and lost wages by providing essential preventive screenings and services directly to communities [2][3] Investment and Program Details - The funding is part of Health Net's new Mobile Outreach for Value, Equity and Sustainability (MOVES) program, which focuses on improving access to quality care in underserved areas [2][3] - Health Net has committed over $158 million in funding to community-based organizations from 2017 to 2024, reflecting a long-term investment in health equity and access [5][6] Community Impact - Mobile health clinics are designed to meet the healthcare needs of individuals in resource-limited areas, ensuring that those who require care are not overlooked [3][5] - The initiative aims to build sustainable care delivery models that foster trust between healthcare providers and communities, leading to better health outcomes [3][4] Grant Recipients and Collaborations - Grant recipients include organizations like AltaMed, Community Medical Centers, and Kaweah Health, which will use the funding to enhance their healthcare services [6][10] - The grants are intended to position these organizations as conveners, collaborating with local partners to address a wide range of physical, behavioral, and social needs [4]