Centene Corporation (CNC) remains a favored stock of Jim Cramer. Despite a low price to earnings ratio, CNC demonstrates resilience. The Health Net and Centene Foundation contributed $1 million to rebuild Los Angeles after devastating fires. CNC's Q1 2025 earnings reports are anticipated, and Jefferies has upgraded the stock. CNC has a newly appointed president to oversee its Individual Coverage Health Reimbursement Arrangements (ICHRA) Business. Despite fluctuations, CNC consistently proves to be a profitable value stock in the healthcare sector and one of the most affordable healthcare stocks for investors. Q4 earnings showed decline, and yet, the company's stock remained strong. Efforts to give back to communities have been made, such as providing scholarships to aspiring nurses in Hawaii by 'Ohana Health Plan. Centene's expansion in Nevada, particularly with SilverSummit's presence, is quite notable. The company saw some growth in membership, premium, and service sales. Despite the perceived uncertainty over government-sponsored health plans, Centene revealed optimistic 2025 guidance while reaffirming its 2024 outlook. The company recently partnered with the National Association of Community Health Centers to boost community health delivery.
