Bullish Case: Centene's insider buying suggests confidence, operational focus on profitable sectors, and recent sale of assets provide room for growth and share price appreciation.


Bearish Case: Recent layoffs, active legal challenges, and a possible overvaluation marked by Helium's higher implied volatility indicate potential upcoming price correction.


Potential Outcomes: 50% chance of growth from refocusing efforts; 30% risk of decline from legal challenges; 20% chance of market factors, such as interest rates, affecting the stock.


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April 13, 2024


Centene Forecast

CNC        Centene
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






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EDU Forecast + Options Trading Strategies   [EDU]  New Oriental Education & Technology Group Inc. - (0.86)


GEO Forecast + Options Trading Strategies   [GEO]  Geo Group (0.85)



Uncorrelated Stock Forecasts

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FIVN Forecast + Options Trading Strategies   [FIVN]  Five9 (-0.0)


YUM Forecast + Options Trading Strategies   [YUM]  Yum Brands (0.0)


OPCH Forecast + Options Trading Strategies   [OPCH]  Option Care Health Inc. - Registered Shares (-0.0)


NVS Forecast + Options Trading Strategies   [NVS]  Novartis (-0.0)


WMT Forecast + Options Trading Strategies   [WMT]  Walmart (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against CNC



ARRY Forecast + Options Trading Strategies   [ARRY]  Array (-0.82)


BB Forecast + Options Trading Strategies   [BB]  BlackBerry (-0.84)


SLI Forecast + Options Trading Strategies   [SLI]  Standard Lithium (-0.84)


LAC Forecast + Options Trading Strategies   [LAC]  Lithium Americas (-0.84)


DCGO Forecast + Options Trading Strategies   [DCGO]  DocGo (-0.85)





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