Why Agilon Health Inc. (AGL) Went Up On Thursday?

We recently published a list of 10 Firms Buck Thursday’s Market Bloodbath. In this article, we are going to take a look at where Agilon Health Inc. (NYSE:AGL) stands against other Thursday’s best performers.

Investors sold off positions on Thursday, sending the stock market tumbling anew following President Donald Trump’s announcement that he had actually raised tariffs on Chinese goods by 145 percent since taking office.

Among all major indices, the Nasdaq was battered the most, losing 4.31 percent. The S&P 500 followed with a 3.46-percent drop while the Dow Jones came in last, down 2.50 percent.

Meanwhile, 10 companies bucked a broader market decline, registering modest gains during the session.

In this article, we have listed Thursday’s 10 best performers and detailed the reasons behind their gains.

To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million trading volume.

A doctor in scrubs interacting with a Medicare Advantage member in her home.

Agilon Health Inc. (NYSE:AGL)

Agilon Health jumped by 6.18 percent on Thursday to end at $5.50 apiece as investors resumed bargain-hunting following earning a rating upgrade earlier this week.

On Tuesday, Bernstein upgraded its outlook for AGL to Outperform from Market Perform previously, and gave the company a price target of $8.50, up from the $3.30 previously. The new target represented a 59-percent upside from AGL’s latest closing price.

“Our upgrade reflects our improved confidence in AGL’s turnaround plan and cash position,” Bernstein said. “Since then, we have received several data points that increase our confidence in the turnaround plan, thus lowering the risk of a capital rise.”

The upgrade also took into account earlier announcements that the US government would bolster its Medicare Advantage payments next year, which is more than double what it proposed in January.

According to Bernstein, AGL is now expected to perform “better than expected.”

Overall, AGL ranks 4th on our list of Thursday’s best performers. While we acknowledge the potential of AGL as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than AGL but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.