Personal health and wellness is one of the many secular tailwinds for healthcare companies. Shareholders who bet on the industry have been rewarded lately
as healthcare stocks have returned 17.2% over the past six months, topping the S&P 500 by 7.1 percentage points.
Shares of health insurance company Oscar Health (NYSE:OSCR) jumped 12.7% in the afternoon session after analyst firm Barclays upgraded the stock's rating to Equalweight from Underweight and raised its price target.
When Wall Street turns bearish on a stock, it’s worth paying attention.
These calls stand out because analysts rarely issue grim ratings on companies for fear their firms will lose out in other business lines such as M&A advisory.
A cash-heavy balance sheet is often a sign of strength, but not always.
Some companies avoid debt because they have weak business models, limited expansion opportunities, or inconsistent cash flow.
Shares of health insurance company Oscar Health (NYSE:OSCR) jumped 3% in the afternoon session after Stephens & Co. initiated coverage on the stock with an "Equal-Weight" rating.
Shares of health insurance company Oscar Health (NYSE:OSCR) jumped 4% in the morning session after Stephens & Co. initiated coverage on the stock with an "Equal-Weight" rating and a $17 price target.
The $10-50 price range often includes mid-sized businesses with proven track records and plenty of growth runway ahead.
They also usually carry less risk than penny stocks, though they’re not immune to volatility as many lack the scale advantages of their larger peers.
The Russell 2000 (^RUT) is home to many small-cap stocks, offering investors the chance to uncover hidden gems before the broader market catches on.
However, these companies often come with higher volatility and risk, as their smaller size makes them more vulnerable to economic downturns.
Shares of health insurance company Oscar Health (NYSE:OSCR) fell 6% in the afternoon session after investor concerns over rising medical costs and the expiration of healthcare subsidies fueled bearish market activity.
Oscar Health is rebuilding, tightening its insurance economics and redefining the role of its tech platform. Here is what that shift means for long-term investors and why it matters now.
A number of stocks jumped in the afternoon session after a Politico report revealed that the White House plans to pitch a two-year extension of Obamacare subsidies. The proposal would extend subsidies set to expire at the end of the year, with new eligibility limits for individuals with incomes up to 700% of the federal poverty line. These subsidies, a key part of the Affordable Care Act (ACA), help lower the cost of health insurance for consumers, making them crucial for insurers focused on the ACA marketplace. An extension would likely support sustained enrollment, securing a key revenue stream for these companies.
