Centene Corp
CNC: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$71.00 | Bbkjvw | Jsvccstr |
Centene's Narrow Moat Intact Despite Recent Contract Uncertainty
Business Strategy and Outlook
Centene aims to be the top provider of government-sponsored health plans. Although it has grown at a solid clip organically, the company also has made significant acquisitions—most notably WellCare—to meet that goal. Technology investments to boost efficiency have helped Centene prosper in this relatively low-margin managed-care sector, as well.