Centene Corporation (CNC) Hit a 52 Week High, Can the Run Continue?

Centene (CNC) has surged 7.8% over the past month, reaching a new 52-week high of $69.63. The stock has gained 68.7% year-to-date, significantly outperforming its sector. The company has beaten earnings estimates for four consecutive quarters, with its latest report showing EPS of $2.51 versus consensus of $0.89. Trading at 14.2X forward EPS with a PEG ratio of 0.44, Centene carries a Zacks Rank #1 (Strong Buy) rating with an 'A' Value Score, suggesting potential for further gains in the near term.