Centene Corp
CNC: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| B% | LOCK|&B | LOCK|!Hn>Xhw |
Centene Faces Big Headwinds Through 2027 in Its Target Markets
Business Strategy and Outlook
Centene aims to be a top provider of government-sponsored health plans. Although it has grown at a solid clip organically, it also has made significant acquisitions—most notably WellCare in Medicare Advantage plans in 2020—to meet that goal. Technology investments to boost efficiency have also helped Centene prosper in this relatively low-margin market.
