This Underappreciated Growth Stock Could Have Huge Upside in 2023
With enough patience, a hybrid strategy of value investing and growth investing can create significant wealth for investors. This is because buying businesses that are quickly growing at a discounted valuation leads to eventual valuation upside, on top of the earnings growth that leads to share price growth.
Centene (NYSE: CNC) appears to offer investors an excellent mix of value and growth. Shares of the managed care company soared 37% in 2021 and slipped less than 1% in 2022. That was far better than the S&P 500 index's 27% gain in the former year and 19% loss in the latter year.
And there's reason to believe that Centene could crush the S&P 500 index again in 2023. Here's why.
Source Fool.com
