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Elevance Health, Inc. (ELV): A Bull Case Theory

We came across a bullish thesis on Elevance Health, Inc. (NYSE:ELV) on Substack by Waterboy Investing. In this article, we will summarize the bulls’ thesis on ELV. Elevance Health, Inc. (NYSE:ELV)'s share was trading at $383.24 as of Jan 9th. ELV’s trailing and forward P/E were 13.95 and 10.98 respectively according to Yahoo Finance.

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Elevance Health Inc., priced at $383.31 with a market cap of $89 billion and enterprise value of $108 billion, stands as the second-largest...