Government sponsored healthcare services
Search documents
Centene (CNC) is a Top-Ranked Momentum Stock: Should You Buy?
ZACKS· 2026-03-09 14:51
分组1 - Zacks Premium offers various tools for investors to enhance their stock market strategies, including daily updates, research reports, and stock screens [1] - The Zacks Style Scores are designed to help investors select stocks with the highest potential to outperform the market over the next 30 days, based on value, growth, and momentum [2][3] 分组2 - The Value Score identifies stocks that are undervalued based on financial ratios such as P/E and Price/Sales, appealing to value investors [3] - The Growth Score focuses on a company's financial health and future growth potential, analyzing projected and historical earnings and cash flow [4] - The Momentum Score assists investors in capitalizing on price trends, using metrics like recent price changes and earnings estimate revisions [5] 分组3 - The VGM Score combines the three Style Scores, providing a comprehensive rating that highlights stocks with attractive value, strong growth forecasts, and positive momentum [6] - The Zacks Rank, a proprietary stock-rating model, utilizes earnings estimate revisions to simplify portfolio building, with 1 (Strong Buy) stocks historically yielding an average annual return of +23.86% since 1988 [7][9] 分组4 - Centene Corporation is a diversified healthcare company focused on government-sponsored healthcare programs, serving under-insured and uninsured individuals [11] - Centene has a Zacks Rank of 3 (Hold) and a VGM Score of A, indicating a solid position in the market [11] - The company has a Momentum Style Score of A, with shares increasing by 13.5% over the past four weeks, and upward revisions in earnings estimates for fiscal 2026 [12]