Humana Stock Getting Closer to 52-Week Lows: A Buying Opportunity?

Shares of Humana Inc. (HUM) have dropped 30.2% over the past month to close at $240.03 on Friday. The steep declines last week have pushed the stock's price closer to the lower end of its 52-week range of$213.31-$530.54. Having underperformed its peers like Molina Healthcare, Inc. (MOH) and Centene Corporation (CNC) , the overall industry, and the S&P 500, the company's current share price seems an excellent opportunity to build a position in a renowned HMO company. After all, you would much rather buy clo ...