CNC is testing a support area. Technicals indicate that the stock might invert at this point and thus this can be a good moment to enter. Furthermore, this is a stock which has presented a sustained growth in revenues coupled with a strong annual EPS growth. Additionally, CNC looks cheap when compared to its peers. Current environment and overall company strategy makes me positive on this one.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.