Cigna: Time To Sell The Stock After A 50% Return? No, Here's Why
Cigna(CI) 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 ...