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Centene Corporation (CNC): A Bull Case Theory

We came across a bullish thesis on Centene Corporation on Waterboy’s Substack. In this article, we will summarize the bulls’ thesis on CNC. Centene Corporation's share was trading at $29.14 as of July 17th. CNC’s trailing and forward P/E were 4.30 and 9.13, respectively according to Yahoo Finance.

[caption id="attachment_1202805" align="aligncenter" width="768"] A healthcare professional discussing a treatment plan with a patient in an outpatient clinic.[/caption]

Centene Corporation, a major player in managed care, has been at the center of the recent rout in health...