Molina Healthcare Stock Rises 15.4% in 3 Months: Should You Buy?

Molina Healthcare, Inc. (MOH) , a multi-state managed care company, continues to benefit on the back of growing premiums, contract wins, acquisitions and a sound financial position. A solid 2024 earnings per share outlook also reinforces investors' confidence in the stock. The company's shares have gained 15.4% in the past three months, outpacing the industry and S&P 500 Composite's growth of 14.6% and 2.6%, respectively. MOH stock is currently trading at $355.15, well below its 52-week high of $423.92, sug ...