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Cigna: Sleep Well At Night With This Healthcare Giant

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svetikd Having a diversified portfolio of moat-worthy companies is one of the best ways to sleeping well at night while generating strong returns. While the market has been rather topsy turvy over the past several months, insurance companies have held up rather well.

This includes the healthcare insurance giant, Cigna (NYSE: CI ), which has had relatively steady performance since the start of May, while many other sectors have endured plenty of pain. In this article, I highlight what makes a quality buy at the current price for potentially strong returns, so let’s get started. Why CI?

Cigna is one of the largest global health insurers, with presence in over 30 countries, and it has 190 million customer and patient relationships. Cigna benefits from its massive scale and coverage, as it contracts with 99% of U.S. pharmacies. Cigna also greatly expanded its presence in the growing pharmacy benefits management space through its massive acquisition of Express Scripts, giving it more negotiating leverage with pharmacies on drug pricing.

Cigna has several avenues for growth, as it has the ability to offer bulked up services through cross-selling PBM services into its manage-care client set. Moreover, its Accredo specialty pharmacy opens up avenues for […]

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