The sell-off in Humana is overdone after strong earnings. Jim Cramer says buy the stock

📆 11/1/2023 12:36 PM
📰 CNBC

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Investors are getting an opportunity to add to their positions in the Medicare Advantage-focused health insurer.

The post-earnings decline in Humana shares Wednesday was overdone, providing investors an opportunity to add to their positions in the Medicare Advantage-focused health insurer. The Club holding remains on solid ground after delivering a top- and bottom-line beat in the third quarter. Revenue for the three months ended Sept. 30 rose 15.9% to $26.42 billion, topping analyst estimates of $25.55 billion, according to data provider LSEG, formerly known as Refinitiv.

The Club holding remains on solid ground after delivering a top- and bottom-line beat in the third quarter.

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