Aug. 25 at 7:30 AM
$CNC $31 today because of legislation.
$33 this week because of sector strength.
The judge halting some of the ACA revisions isn't the only positive catalyst.
I believe the
$NVDA earnings help, either way they turn out.
Either the market rotation accelerates displacing more money into healthcare stocks, or
$NVDA does fine and everyone breathes a sigh; followed by a mini-rally.
Either way, healthcare will benefit.
$CNC likely stands to outpace
$UNH and
$MOH moving forward, so a lot of the stragglers will see this as a bargain buy.
Also, having a much lower barrier to entry than the 300s (
$UNH).