Trade-Ideas: Centene (CNC) Is Today's Post-Market Leader Stock

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

Trade-Ideas LLC identified Centene ( CNC) as a post-market leader candidate. In addition to specific proprietary factors, Trade-Ideas identified Centene as such a stock due to the following factors:

  • CNC has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $125.7 million.
  • CNC is up 3.3% today from today's close.

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More details on CNC:

Centene Corporation operates as a diversified, multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the United States. It operates in two segments, Managed Care and Specialty Services. CNC has a PE ratio of 32. Currently there are 7 analysts that rate Centene a buy, no analysts rate it a sell, and 8 rate it a hold.

The average volume for Centene has been 1.3 million shares per day over the past 30 days. Centene has a market cap of $9.4 billion and is part of the health care sector and health services industry. The stock has a beta of -0.25 and a short float of 4.7% with 3.61 days to cover. Shares are up 52.3% year-to-date as of the close of trading on Friday.

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