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AIRESCAN Stock Review (24/2/2023)

Hi everyone.

On 24/02/2023, our system had provided a few picks and the results are as below:

UAL – (Buy)  – Profit

ZBH – (Sell)  – Price not done

CNC – (Sell)  – Price not done

The Dow was down more than 300 points on Friday after dropping 450 points in the session, while the S&P 500 and Nasdaq 100 were down 1% and 1.7%, respectively, as investors remain worried after another stronger-than-expected inflation report that signaled further rate hikes by the Federal Reserve. 

Let’s review our stock picks on Friday.

A call for buy for UAL which resulted in a profit. Our system entered the market at $49.20 and made a call to profit at $49.45.

United Airlines Holdings, Inc., through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, training, and maintenance services for third parties.

A call for sell for ZBH which did not hit our EP throughout the market session but in the right direction. The price was congested but moving downwards throughout the market.

Zimmer Biomet Holdings, Inc., together with its subsidiaries, operates as a medical technology company in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company designs, manufactures, and markets orthopaedic reconstructive products, such as knee and hip products; S.E.T. products, including sports medicine, biologics, foot and ankle, extremities, and trauma products; craniomaxillofacial and thoracic products comprising face and skull reconstruction products, as well as products that fixate and stabilize the bones of the chest to facilitate healing or reconstruction after open heart surgery, trauma, or for deformities of the chest. It also offers robotic, surgical, and bone cement products. 

A call for sell for CNC which did not hit our EP throughout the market session but in the right direction. The price was congested but moving downwards throughout the market.

Centene Corporation operates as a healthcare enterprise that provides programs and services to under-insured and uninsured families, commercial organizations, and military families in the United States. It operates in two segments, Managed Care and Specialty Services. The Managed Care segment offers health plan coverage to individuals through government subsidized programs, including Medicaid, the State children’s health insurance program, long-term services and support, foster care, and medicare-medicaid plans, which cover dually eligible individuals, as well as aged, blind, or disabled programs. 

Stay tuned for more of our stock picks.

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