$UNH (-1.21%) - United Health
After the numbers were very solid and the other health insurers/sector didn't really react strongly.
Which other health insurers could also react strongly after the numbers and surprise positively?
Which one is your favorite and why ?
$CVS (-0.64%) - CVS Health
$HUM (-1.37%) - Humana
$ELV (-0.65%) - Elevance Health
$HCA (+0.5%) - HCA Healthcare
$CI (+1.06%) - Cigna
$CNC (-1.3%) - Centene
Or do you have other favorites or companies from the sector on your watchlist?
Oh man 😅 doesn't work for $UNH (-1.21%)
UnitedHealth ( $UNH (-1.21%) ) and Humana ( $HUM (-1.37%) ) collapsed overnight, while other health insurers like CVS Health ( $CVS (-0.64%) ) and Cigna ( $CI (+1.06%) ) dropped after the Biden administration announced that the final Medicare Advantage rates in 2025 will not change from the original plans in January.
https://www.investors.com/news/unitedhealth-health-insurers-tumble-on-medicare-advantage-rates/
Per WSJ.
Cigna ($CI (+1.06%) ), a global health care services company, is in advanced discussions to expand its Medicare business for 3 to 4 billion dollars to Health Care Service Corp for between one and four billion dollars. Health Care Service Corp ($HCSG (+0.47%) ) offers health insurance including Medicare plans for older people in the USA.
𝗠𝗮𝗿𝗸𝗲𝘁 𝗡𝗲𝘄𝘀 🗞️
𝗪𝗼𝗿𝗹𝗱 𝗼𝗳 𝗧𝗮𝗻𝗸𝘀 / 𝗘𝘃𝗲𝗿𝗴𝗿𝗮𝗻𝗱𝗲 𝘀𝗰𝗵𝘄𝗮𝗻𝗸𝘁 / 𝗦𝗽𝗶𝗲𝗹𝗲𝗻 𝗶𝗻 𝗱𝗲𝗿 𝗦𝗮𝗻𝗱𝗯𝗼𝘅
𝗘𝘅-𝗗𝗮𝘁𝗲𝘀 📅
As of today, among others, BlackRock ($BLK (+0.66%)), Cigna Corporation ($CI (+1.06%)) and Ross Stores ($ROST (+2.05%)) are trading ex-dividend.
𝗤𝘂𝗮𝗿𝘁𝗮𝗹𝘀𝘇𝗮𝗵𝗹𝗲𝗻 📈
Today, among others, mongoDB ($MDB (+0.94%)), GitLab ($GTLB (+1.08%) ) and Coupa Software ($COUP) present their figures.
𝗠𝗮𝗿𝗸𝗲𝘁𝘀 🏛️
Defense Industry - In times of Corona when the global economy has contracted, defense corporations remain positive and are seeing growing sales. In 2020, the top 100 corporations reported rising sales for the sixth consecutive year. Forty-one of these companies are from the U.S. and had sales of $285 billion in 2020. This puts the U.S. at the top of the defense industry, followed by China and the UK.
Evergrande ($3333) - A payment of $82.5 million is due today after a 30-day extension. The real estate group already acknowledged that there may not be enough funds to service this liability.
Chinese real estate company Sunshine 100 China Holdings is also under pressure and had to let a $170 million payment lapse yesterday.
𝗖𝗿𝘆𝗽𝘁𝗼 💎
Virtual land in the metaverse dominated NFT sales last week. Demand for digital land surpassed all other items as well as art and other collections. More than $300 million in NFT sales were generated last week, with nearly a quarter of that coming from digital land in The Sandbox ($S (+0%)AND) Metaverse.
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The price target is $391.36 and the stock is covered by 23 analysts.
Buy
17
Hold
6
Sell
0
The Cigna Group is a global health company. The Company has two growth platforms: Evernorth Health Services and Cigna Healthcare. The Company’s portfolio of offerings solves diverse challenges across the healthcare system. Evernorth Health Services includes a range of independent and coordinated health solutions and capabilities designed to enable the healthcare system to help people live richer, healthier lives. Health plans, employers, governmental organizations and health care providers partner with Evernorth Health Services to solve their challenges in the areas of pharmacy benefits, home delivery pharmacy, specialty pharmacy, specialty distribution, and care delivery and management solutions. Cigna Healthcare includes the United States healthcare and international health businesses, which provide comprehensive medical and coordinated solutions to clients and customers. Its Other Operations include corporate-owned life insurance (COLI) and the Company's run-off operations.
