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Humana | HUM | Long at $220.00Humana NYSE:HUM took a nosedive to "crash" levels (based on my selected simple moving averages (SMA)) this morning after a lower-performance rating for a widely used Medicare insurance plan is expected to hurt enrollments for 2025 (and will potentially hit the health insurer's revenue and bonus payments in 2026). However, I view this massive drop as an opportunity for an initial long entry for a great value stock. The company is strong, highly rated among patients, and solid fundamentals despite the anticipated earnings drop. From a technical analysis perspective, it touched my "crash" SMA, but may dip further after a dead cat bounce to the $190s in the coming days or weeks. But, predicting true bottom is a fool's game, so at $220.00, NYSE:HUM is in a personal buy zone for an initial long entry. Target #1 = $250.00 Target #2 = $275.00 Target #3 = $314.00 Target #4 = $340.00
NYSE:HUMLong
by NicksAnalysis
SunCar Technology Group: Strong Partnerships & Business ModelSummary SunCar has built an innovative cloud service and mobile app that digitalize the automotive aftermarket and eInsurance sectors in China. SunCar’s cloud platform is critical to China’s EV manufacturers as it delivers leading technology, a user-friendly mobile App, and China-wide scope. In FY 2023 SunCar registered almost 30% overall revenue growth and 80% growth in its auto eInsurance business. China's EV manufacturers primarily use Direct-to-Consumer models and rely on SunCar's digital platform and mobile app to deliver over 300 aftermarket services and eInsurance. SunCar recently reported positive Adjusted EBITDA showing a commitment to profitability while still investing in growth. BYD EV retail store Robert Way Introduction and Thesis If you believe that EVs are a flawed solution to a serious problem on Earth, then read on. I have an investment idea in a really solid company that went public in 2023 through a SPAC deal. Its technology helps cure some pain points for EVs. It's called SunCar Technology Group, (NASDAQ:SDA). Their technology links car owners to aftermarket service and insurance providers via a cloud service and mobile app. It profits by solving the problem of China’s underdeveloped aftermarket for EVs and ICE cars in the largest car market in the world. Like SunCar, EV manufacturers are highly digitalized and have adopted direct-to-consumer models. This means they don’t have large dealer networks, so their aftermarket support is dependent on SunCar. Suncar is strategically positioned through its partnerships with almost all Chinese EV OEMs. It operates a business-to-business-to-consumer, B2B2C, model where Suncar sells its services in deals with OEMs and other large enterprises such as the Bank of China. It's not surprising that SunCar’s traction among EV companies has been so strong. The type of services that will comprise the aftermarket for EVs is still being defined, but SunCar’s network of 47,000 connected service providers is a platform that should drive steady demand. Because China is at the leading edge of EV technology, and these vehicles are highly computerized, I believe technology and data on the EV aftermarket and issues specific to Chinese EV makes are good assets to own. China's EV Aftermarket Most of the EVs on Earth are driven in China, and most of the EVs driven in China are made in China. According to the International Energy Agency, "In 2023, just under 60% of new electric car registrations were in the People’s Republic of China." China represents just 17.4% of the global population. While growth is strong in the U.S. and Europe, data from the same source points to China being also the past leader in EV adoption. This is largely due, indirectly, to one factor: intense domestic manufacturer competition. Producers like BYD, Li, Xpeng, Nio, and several smaller names have saturated the market with vehicles and driven down prices for EVs to more affordable levels. Yes, less than $10,000 worth of yuan buys EV caliber of engineering. The specs are inexpensive and comparable with American EV models. Some rough estimates from numbers across the internet have approximately 35% of the Chinese population as drivers. Comparably, by my estimate, roughly 76% of Americans are drivers. This difference suggests a runway for growth in China. I believe the Chinese market stands to grow much more than the American market as economic conditions improve over the long run. Falling prices, due to government investment in manufacturing, should attract first time car buyers to EVs in China. This growth opportunity suggests that connecting drivers with aftermarket services will be essential to keeping these cars on the road and useful to their owners. Demand for service, repair, basic maintenance, and modifications should grow in line with the Chinese EV market. There are few, if any, competitive players in SunCar’s digitalized, aftermarket services sector when compared to the fiercely-competitive manufacturing sector in China. For me, SunCar is a company that has an attractive combination of both exposure to and protection from the manufacturers. China's Auto eInsurance Market SunCar’s fastest growing business is actually its auto insurance segment. The company developed an innovative technology that allows consumers to get a real-time insurance quote while they are getting another SunCar service such as a tire change. If the consumer goes with the insurance deal, SunCar and the service provider split the commission on the sale. This service opens a new revenue outlet for service providers and incentivizes them to join the platform. This service has proven immensely popular and is likely to become the company’s largest business segment. The synergies between its aftermarket services and insurance segments continue to grow. China’s auto insurance market continues to further privatize and shift towards EV-specific policies, giving SunCar a large and high-growth market opportunity. This opportunity is highly synergistic with SunCar’s business in the EV aftermarket, as EVs have unique insurance needs which SunCar is meeting through its strong partnerships with the Chinese EV manufacturers. Due to the EV manufacturers’ direct-to-consumer model, those SunCar partners rely heavily on SunCar to provide high quality aftermarket services and insurance to their customers. SunCar's cloud platform is connected to all the major auto insurers in China. It offers the best policies within minutes through a proprietary technology that puts insurance sellers into competition with one another and gives the best deal to the consumer. In the era of the smart shopper, the total cost of owning a vehicle is the main focus, so consumers are increasingly sensitive to insurance. The benefit SunCar provides to buyers in maintaining affordable yet sufficient insurance is something very useful that consumers are seeking. Insurance premiums for EVs typically run 20% higher than for ICE vehicles. Bringing these insurance premiums down to parity with ICE vehicles requires data on the burgeoning aftermarket, which SunCar is able to provide through its large network of service providers. Financials SunCar is approximately a $680 million company. It is earnings negative but Adjusted EBITDA positive, which means it is still largely in the product development phase in its lifecycle. According to seeking Alpha, unlevered free cash flow is $-32.1 million, with net income of $-17.6 million. SunCar currently has cash on hand of $52.5 million at the last report, but SunCar is raising capital, as recently covered by Jaskiran Singh, SA News Editor, so the cash runway shouldn’t be too tight given the burn rate. The major upside is that the existing products generate cash. SunCar has accounts receivable amounting to $58.9 million and has strengthened its working capital position by $23.9 million TTM. Sales are strong with 30% revenue growth in FY 2023. Major expenses include R&D and overhead. Given that the market cap is just approximately 1.9x revenue, it seems like strong growth combined with scalable costs have only been modestly rewarded by investors, as comparable tech stocks tend to earn higher multiples. I think there is plenty of room for multiple expansion if SunCar’s future financial reports don’t disappoint. Risks I believe that share prices could have a fair amount of extra risk and volatility as foreign relations between China and America play out in an election year. The good news is that SunCar’s auto aftermarket cloud service isn’t specific to EVs and can add value to the auto aftermarket experience in almost any country. Most auto owners feel they are overpaying for insurance and SunCar has a unique, innovative quote service. Many Americans only invest in American businesses because they don’t understand or agree with certain foreign government regimes or simply because the volatility measures of these instruments tend to be higher. This factor affects demand for share prices on an American exchange quite a bit. I do however expect a more educated investor to examine their bias and invest in companies that will become systematically more profitable in the future. There is also foreign currency risk. The yuan may depreciate against the dollar, causing real assets that are marketable in yuan to decrease in dollar value. I think the valuations of companies like SunCar would suffer some volatility consequently if this policy scenario occurred. However, SunCar’s business today is almost exclusively in China so the exchange rate may not be so important at this time. Conclusion SunCar is poised to thrive in the emerging China auto market. The global economy for automobiles is undergoing clear changes as well. China is emerging as a winner in engineering affordable, high performance EVs. The niche that SunCar has is making the motor vehicle service and insurance markets respectively more efficient through its access to big service provider and OEM data. This sort of solution seems at least somewhat portable to other economies, and M&A activity could very well bring a similar solution to the United States. Vehicles need to be serviced. EVs in particular need unique services. It’s likely that there is a better solution to organize EV data, and SunCar seems to be finding it. Understanding patterns in OEM-specific issues and documenting them solves several major pain points in the EV aftermarket. It lowers costs and improves the value of the car ownership experience. Appreciating that there are risks to my thesis, I reiterate my buy call on SDA.
NASDAQ:SDALong
by mackattack98
Lemonade heads to earnings LONGLMND has upcoming earnings. On the 15 minute chart, price has gained 12% in the past two weeks. Typically, LMND beats estimates and experiences a surge from the earnings report. The chart shows a good trend up albeit with corrections along the way where the bears attempt to take a stand. This is an ascending channel with price currently in the middle of the channel's invisible histograms. The more shorts give up their positions and buy to cover, the further they contribute to the large trend. I will take a long position here for about a month through earnings. The potential profit that seems likely is well worth the risk on balance.
NYSE:LMND
by AwesomeAvani
2
ACIC Engulfing Price Spike, Long Uptrend Insurance ACIC on the daily chart looks like a solid swing trade until at least the next earnings. The last trading session had a hugh 10-15% move with a corresponding spike in buying volume. The earnings report is about a month away. I will drill down to a 120 minute time frame and look for bottom pivots from which to accumulate a position for the pre-earnings run up. It is an insurance stock, a conservative financial services play which from the chart looks safe with a good possibility of some gains in the upcoming month. Yeah if you look at the chart carefully you will notice that ACIC did 8X in 2023.
NASDAQ:ACICLong
by AwesomeAvani
2
FFH is going to bounce like a basketball! H&S pattern too!It appears as though FFH is showing two alternatives, an H&S breaking down, or, sideways trading in a horizontal channel, with a breakout likely happening early 2024. A horizontal channel is a neutral chart pattern that marks investor indecision. Buyers and sellers fight, and it is only at the exit of the horizontal channel that they agree on a direction; either there are more buyers than sellers or there are more sellers than buyers; hence the strong force of the movement at the horizontal channel’s exit. This train has left the station.
TSX:FFH
by satoshi123
1
Outsurance OUTperfoming JSE - Target R38.88Cup and Handle has formed on this volatile stock. The price has broken above the brim level and it looks like, it wants to rally. Other indicators confirm upside momentum 7>21>200 RSI>50 - Higher lows Target 1 will be at R38.88. We can expect higher, but I'm happy with a 1:1.78 R:R. CONCERNS: The JSE ALSI 40 just broke below the Symmetrical Triangle. This is bearish for the top 40 companies. And usually the BITs follow (Banks, Insurance and Telecomms). However, the must be a reason for the buying with Outsurance, maybe because of the new listing and investors are excited. ABOUT THE COMPANY Outsurance is a leading insurance company based in South Africa. Founding: Outsurance was founded in 1998 as a part of the Rand Merchant Investment Holdings Group (RMIH). Pioneer: It was the first South African insurer to offer a cash OUTbonus, a cashback bonus system, to policyholders who remain claim-free for a period of time. Services: The company offers various insurance products including car, home, life, and business insurance. Geographical Presence: In addition to its South African operations, Outsurance also has a presence in Australia, where it operates under the name "Youi." Innovative App: Outsurance has a mobile app that allows customers to manage their policies, submit claims, and track emergency assistance when needed.
OLong
by Timonrosso
Security National Financial SNFCALadies and Gentlemen, if you're looking for an investment with a little bit of everything, look no further than Security National Financial Corporation! This holding company operates a diverse portfolio of businesses, including funeral services, mortgage lending, and insurance. With a strong market position and experienced management team, this company has got the goods to keep on growing. And the best part? They've got the financials to back it up - consistently posting strong revenue growth and a rock-solid balance sheet. Now, of course, no investment is without risk. Real estate market fluctuations and regulatory changes are always a concern. But, overall, Security National Financial Corporation is a well-rounded investment opportunity with a lot of potential.
NASDAQ:SNFCALong
by FxCryptoWaves
CNO: Breakout?CNO FINANCIAL GROUP Intraday - We look to Buy a break of 19.37 (stop at 18.43) Daily signals are mildly bullish. Price action has continued to range within a triangle formation. The bias is to break to the upside. A break of resistance at 19.35 should lead to a more aggressive move higher towards 21.00. Our profit targets will be 21.51 and 23.00 Resistance: 21.50 / 24.15 / 27.00 Support: 18.70 / 16.60 / 10.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NYSE:CNOLong
by VantageMarkets
HDFCLIFE is near support line of channel patternNSE:HDFCLIFE large cap stock trading at 30% below it all time high formed a year ago (2021-09-02) is near the support of channel pattern formed from its inception in 2017. Fundamentally strong company with good PE ratio, Dept to asset ratio, financially good revenue and profits, holdings wise no major sell off, consistent dividend payer. Short term : For short term gains, buy at channel bounce around 530 and above and exit at 15% gains. Long term : Since the channel is formed from 2017, higher gains can be obtained in long term by accumulating more at lower levels. Buy around 530 (optional) and average around 450, more at lower levels. Exit can be near the resistance reversal or after breakout (if any). This can nearly provide 70% for full up move. Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common. Caution : This is a knowledge sharing analysis, not a call. Profits are not made from following ideas, but by following Risk Management .
NSE:HDFCLIFE
by samplespaz