Down -24.97% in 4 Weeks, Here's Why GoHealth (GOCO) Looks Ripe for a Turnaround

Group 1 - The stock of GoHealth (GOCO) has experienced a significant downtrend, declining 25% over the past four weeks due to excessive selling pressure [1] - GOCO is currently in oversold territory, indicated by an RSI reading of 29.95, suggesting a potential for a price reversal [5] - Analysts have raised earnings estimates for GOCO, with a 3.2% increase in the consensus EPS estimate over the last 30 days, which typically correlates with price appreciation [7] Group 2 - GOCO holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, indicating strong potential for a turnaround [8]