Oscar Health, Inc. Joins Infinhub's Top Hub Stocks List with Impressive Financial Performance

Aug 27 2024 12:00 AM IST
Oscar Health, Inc. has been added to Infinhub's Top Hub Stocks list, which features 82 stocks with strong financial performance. In the quarter ending June 2024, Oscar Health saw a 527.38% growth in pre-tax profit and a 461.97% increase in net profit. AECOM, another stock on the list, achieved impressive numbers despite a flat financial performance. Infinhub's rigorous evaluation process makes it a reliable source for stock recommendations.

Oscar Health, Inc. has recently been added to the list of Top Hub Stocks on Infinhub, a platform that provides stock recommendations based on rigorous evaluation parameters. This managed health care company has shown very positive financial performance in the quarter ending June 2024.

With a pre-tax profit of USD 60.95 million, Oscar Health has seen a growth of 527.38%. Its net profit has also increased by 461.97% to USD 56.21 million. The company's net sales have reached an all-time high of USD 2,219.34 million, showing a growth of 45.86%.

Infinhub's Top Hub Stocks list currently consists of 82 stocks, out of which 32 are large caps, 29 are mid caps, and 21 are small and mid caps. Some of the top performing stocks on the list include Powell Industries, Inc. with a growth of 378.01% in 15 months, Abercrombie & Fitch Co. with a growth of 224.62% in 12 months, and Arista Networks, Inc. with a growth of 185.2% in 22 months.

In addition to Oscar Health, Inc., another stock has been added to the Top Hub Stocks list - AECOM, a company in the engineering and construction sector. This stock has shown a flat financial performance in the quarter ending June 2024. However, it has still managed to achieve some impressive numbers, such as the highest net sales of USD 4,151.25 million and a pre-tax profit growth of 106.85% to USD 221.89 million.

Investors looking for new stock suggestions can rely on Infinhub's Top Hub Stocks list, which provides a combination of strong long-term and near-term fundamentals, price momentum, and reasonable valuations. With a rigorous evaluation process, Infinhub ensures that only the best stocks make it to the list, making it a reliable source for stock recommendations.

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