WS #16918
Healthcare and insurance names are delivering robust results, with Cigna raising its full-year EPS outlook after a strong Q3 beat, and Oscar Health posting a massive GAAP EPS beat driven by revenue growth. BeiGene also surged following a 133% EPS beat, demonstrating strong demand in oncology. These results highlight a rotation into defensive sectors with pricing power and stable demand, contrasting with the volatility seen in tech and travel.
Healthcare & Defensive Strength
Healthcare and insurance names are delivering robust results, with Cigna raising its full-year EPS outlook after a strong Q3 beat, and Oscar Health posting a massive GAAP EPS beat driven by revenue growth. BeiGene also surged following a 133% EPS beat, demonstrating strong demand in oncology. These results highlight a rotation into defensive sectors with pricing power and stable demand, contrasting with the volatility seen in tech and travel.