"Molina Healthcare Molina Healthcare ( NYSE:MOH) might be the most interesting buy that Nygren's fund made last quarter. Undoubtedly, the managed care space has been under serious pressure in recent years, as medical costs surged, applying pressure to medical loss ratios. And while Molina is a lesser-known name in the space, I do find it to be one of the cheapest and most exciting ways to play a bounce back in the industry. Molina Healthcare might be a lesser-known player, with its mere $7.8"
"billion market cap after shedding around half of its value in the past year. Still, what excites me most about the name is that it was announced as one of the longs in Dr. Michael Burry's portfolio in the third quarter. Though Burry has since closed Scion, I do think his recognition of the name is a sign that shares might be too cheap for their own good. After an awful year, the stock is going for 8.9 times trailing price-to-earnings (P/E). And while"
Bill Nygren's Oakmark fund made notable third-quarter portfolio moves, adding discounted stocks that may offer value despite a market with few bargains. Molina Healthcare (NYSE:MOH) traded near a $7.8 billion market cap after losing about half its value over the past year and changed hands at roughly 8.9 times trailing P/E. Molina faces pressure from rising medical costs and higher medical loss ratios, yet it appears positioned as a deep-value play with recognition from investors such as Michael Burry. Salesforce (NYSE:CRM) plunged about 30% year-to-date but has advanced in AI, though broad adoption driving recovery has not yet materialized.
Read at 24/7 Wall St.
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