Soumya Eswaran
Mon, Apr 28, 2025, 5:05 AM 2 min read
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In its first-quarter 2025 capitalist letter, Madison Large Cap Fund highlighted stocks specified arsenic Elevance Health, Inc. (NYSE:ELV). Elevance Health, Inc. (NYSE:ELV) is simply a wellness benefits company. The one-month instrumentality of Elevance Health, Inc. (NYSE:ELV) was -3.05%, and its shares mislaid 21.03% of their worth implicit the past 52 weeks. On April 25, 2025, Elevance Health, Inc. (NYSE:ELV) banal closed astatine $421.68 per stock with a marketplace capitalization of $96.878 billion.
Madison Large Cap Fund stated the pursuing regarding Elevance Health, Inc. (NYSE:ELV) successful its Q1 2025 capitalist letter:
"Elevance Health, Inc.'s (NYSE:ELV) profits person been pressured owed to higher acuity successful its Medicaid business. However, we judge the shares were attractively valued owed to our anticipation that margins should normalize arsenic Elevance reprices its hazard pools."
A aesculapian nonrecreational moving astatine a computer, utilizing the company's integer solutions to amended attraction prime for consumers.
Elevance Health, Inc. (NYSE:ELV) is not connected our database of 30 Most Popular Stocks Among Hedge Funds. As per our database, 73 hedge money portfolios held Elevance Health, Inc. (NYSE:ELV) astatine the extremity of the 4th fourth compared to 67 successful the 3rd quarter. While we admit the imaginable of Elevance Health, Inc. (NYSE:ELV) arsenic an investment, our condemnation lies successful the content that AI stocks clasp greater committedness for delivering higher returns, and doing truthful wrong a shorter timeframe. If you are looking for an AI banal that is arsenic promising arsenic NVIDIA but that trades astatine little than 5 times its earnings, cheque retired our study astir the cheapest AI stock.
In different article, we covered Elevance Health, Inc. (NYSE:ELV) and shared the database of champion stocks that volition ever grow. In addition, delight cheque retired our hedge money capitalist letters Q1 2025 leafage for much capitalist letters from hedge funds and different starring investors.
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Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.