10 Best Growth Stocks to Buy With Huge Upside Potential

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1. Centene Corporation (NYSE:CNC)

Analyst Upside Potential: 105.23%

Number of Hedge Fund Holders: 64

Centene Corporation (NYSE:CNC) is one of the 10 Best Growth Stocks to Buy With Huge Upside Potential. On July 2, Wolfe Research analyst Justin Lake reiterated a Peer Perform rating on Centene Corporation (NYSE:CNC) without disclosing any price target.

The analyst noted that the company withdrew its 2025 earnings guidance, which was driven by significant pressure in Centene Corporation’s (NYSE:CNC) health insurance business. Notably, due to unexpected and elevated cost trends in Medicaid and challenges in the Health Insurance Marketplace risk adjustment transfers.

Wolfe Research lowered its EPS estimates for 2025 and 2026, expecting that the pressure from Medicaid, which is a much larger part of Centene Corporation (NYSE:CNC)’s business, would not be offset by Medicare or SG&A improvements. Due to the uncertainty surrounding 2026, the firm stated it would not be a buyer on the stock’s weakness following the guidance withdrawal.

Centene Corporation (NYSE:CNC) is a healthcare company that provides integrated services to government-sponsored and commercial healthcare programs.

While we acknowledge the potential of CNC to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CNC and that has 100x upside potential, check out our report about this cheapest AI stock.

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