NYSE:ELVHealthcare
Is Elevance Health a Hidden Bargain After Recent 12.3% Share Price Rebound?
If you are wondering whether Elevance Health at around $341 a share is a bargain hiding in plain sight or a value trap in slow motion, you are not alone. This is exactly the kind of stock where valuation really matters.
Over the last month the stock has climbed about 12.3%, including a 3.1% gain in just the past week, even though it is still down 6.8% year to date and about 9.8% over the last year after a tougher three-year stretch.
That turnaround in momentum has come as investors refocus...