![]() ![]() Profit is expected to rise by almost 30% from fiscal 2019 to 2021, according to FactSet. Don't underestimate the effect of COVID-19 on open enrollment for Medicare Supplement policies," said Tepper. ![]() "If they can get it down to the mid-30s, I think the stock doubles from here and then we have open enrollment right around the corner. He said once eHealth reduces its reliance on external salespeople, the churn rate, or rate at which customers end their subscription, will fall from 42% to the mid-30s. Tepper said the high churn rate was tied to the high percentage of external salespeople eHealth used, a problem identified and one the company is looking to fix. "They had a beat and raise quarter, but the issue is that the stock sold off because their churn rate was higher than expected, so that triggered a sell-off and it's a sell-off that we view as a buying opportunity," he said. While eHealth shares have gained 20% this month, they remain down more than 20% for the year. And the stock is dirt cheap," Tepper said. It's like an online marketplace for health insurance and specifically, Medicare. " EHealth is one of the best opportunities out there right now. Instead of the semiconductor space, Tepper dug into health insurance for a pick he said is on the cusp of a big breakout. "They are trying to diversify away from mobile phones and into the Internet of Things, connecting all the devices to the internet and to each other." They get about half of their revenue from Apple," Gordon said. Skyworks builds "multiple components for the Apple phone, including chips and modules, and of course ahead of the 5G phone launch, it's massive. The stock has fallen 4% this month, caught up in a broader tech sell-off. Skyworks shares have risen nearly 16% this year, a weaker gain than the 20% increase for the SMH semiconductor ETF. They have a long history of increasing their dividend, currently yielding about 1.46%," Gordon said. ![]() Sales growth is expected about 11.5%, yet earnings are expected to grow by 19% next year. "From a valuation point of view, it's only trading 19.5 times next year's earnings - so cheap. Gordon said semiconductor stock Skyworks may not be high momentum like some of its peers in the space, but it has long-term value. Have the potential for strong earnings growth.Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit ![]()
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