CI
Bought at $257.38
Bought shares of CI today at $257.38. Taking a chance on the managed care space. rather be in the one that beat there earnings and reiterated guidance. Why is CI doing so much better then the others simple. Limited to no exposure in Medicaid/Medicare and very small exposure to individual exchanges as others were gaining market share in the space, these guys were keeping price, and losing customers in that space, turns out that was a good thing as that part of the business really isn't very good right now. And being very lightly exposed to it is a good thing.
CI is gonna grow earnings this year and is expected to earn at least $29.60, that is about 8.5x and given estimates for fy 26 a pe under 8. Typically these stocks use to trade at 15-18x times I'm not sure in the new environment they will get that once the industry gets passed this stuff which it will in do time, but a 12-15 pe is likely even if CI gets a 12x multiple times about $33 next year, that means the stock is worth almost $400 in the next 12 months. In the meantime not a huge but growing dividend and they have and active stock buyback as well is also part of the shareholder return. All is just my opinion, and I could always be wrong though.
Market Data 
Markets 
AI
