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Centene Corporation (CNC): David Einhorn Is Loading Up On This Stock

Centene Corporation (NYSE:CNC) is featured on the David Einhorn Stock Portfolio: Top 10 Stock Picks.

Centene Corporation (NYSE:CNC) first appeared in the 13F portfolio of Greenlight Capital in the first quarter of 2020. This holding comprised 204,000 shares and was sold off within the next few months. A new position was then opened in the fourth quarter of 2024 that consisted of more than 870,000 shares. After trimming this stake in the first quarter of 2025, David Einhorn has added to it in each of the last three quarters. Filings for the fourth quarter of 2025 show that the fund owned more than 2.6 million shares in the company, up close to 70% compared to filings for the third quarter of 2025.

Centene Corporation (NYSE:CNC) stock took a beating in 2025 and hedge funds view this as a buying opportunity given the earnings potential of the firm. For example, Centene has guided for 40% growth in adjusted EPS for 2026, targeting over $3 per share. Institutional investors expect a coiled spring effect where Medicaid and ACA Marketplace rates—which lagged during the inflation of 2025—will realign with cost trends in 2026, restoring historical profit margins. Hedge funds also favor management’s value-over-volume approach. CEO Sarah London has aggressively moved to divest non-core assets to simplify the business. The recent deal to sell off the remaining Magellan Health businesses is seen as a major step in cleaning up the balance sheet and focusing on the core government-sponsored healthcare segments.

While we acknowledge the risk and potential of CNC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CNC and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: Billionaire Stan Druckenmiller’s 10 Small and Mid-Cap Stock Picks with Huge Upside Potential and Israel Englander Stock Portfolio: Top 10 Stock Picks.

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

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This prediction might not be bold at all:

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