5 Best 52-Week Low Stocks To Buy Now

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In this article, we will discuss the 5 best 52-week low stocks to buy now. If you want to explore similar stocks, you can go to 15 Best 52-Week Low Stocks To Buy Now.

5. Centene Corporation (NYSE:CNC)

Number of Hedge Fund Holders: 58

Centene Corporation (NYSE:CNC) was held by 58 hedge funds at the end of Q4 2022. These funds held collective positions worth $3.12 billion in the company, up from $1.82 billion in the previous quarter with 61 positions.

On February 2, Centene Corporation (NYSE:CNC) posted earnings for the fourth quarter of fiscal 2022. The company reported an EPS of $0.86 and outperformed EPS estimates by $0.02. The company generated a revenue of $35.56 billion and beat revenue consensus by $189.36 million.

On February 14, Cowen analyst Gary Taylor revised his price target on Centene Corporation (NYSE:CNC) to $97 from $101 and maintained an Outperform rating on the shares. As of March 14, the stock has fallen by 23.51% over the past 12 months. Centene Corporation (NYSE:CNC) is one of the best 52-week low stocks to buy according to analysts and hedge funds.

As of December 31, Politan Capital is the most prominent shareholder in Centene Corporation (NYSE:CNC) and has disclosed a stake worth $1.07 billion.

Follow Centene Corp (NYSE:CNC)

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