$CLOV (+0,19 %) was unfortunately traded as a meme stock in the forums for a long time. But does that mean you can't invest? No!
Clover Health is a US company that offers Medicare Advantage plans and uses data and technology to improve healthcare for seniors. It focuses on patient-centered, cost-effective care.
The company is now profitable and there are many positive prospects on the horizon:
- Currently a CMS rating of 3.5, which is expected to be set to 4 in the near future
- It is assumed that Clover will offer its software as a SaaS model
- In general, demographic change is expected to increase the number of senior citizens in the USA (current retirement of baby boomers)
- Compared to its competitors, Clover is hot-as-hot cheap with just under one billion market capitalization vs. $UNH (+1,08 %) with over 500 billion and over 40 billion of $HUM (+1,11 %) . This alone shows what potential Clover still has.
I have a large position with an average purchase price of €1.50 and am currently up 70% and am looking forward to further upside.
Who else is invested in Clover and why?