Oscar Health: A Name The Market May Be Overlooking

Sep. 28, 2021 4:33 PM ETOscar Health, Inc. (OSCR)22 Comments

Summary

  • Oscar Health, Inc. is attempting to disrupt the heath insurance industry with its fully-stacked technology platform.
  • However, since its March IPO, its stock has traded steadily lower, now down 60% from its IPO price of $39, indicating skepticism regarding its ability to profitably grow market share.
  • Trading at just under $18, it has ~$15 a share in cash and investments, no debt, and insider buying, this busted IPO merited further investigation.
  • A full investment analysis and recommendation follow in the paragraphs below.
  • Looking for a helping hand in the market? Members of The Busted IPO Forum get exclusive ideas and guidance to navigate any climate. Learn More »

Medical Insurance claim form with stethoscope and surgical face mask.
courtneyk/iStock via Getty Images

There are crimes of passion and crimes of logic. The boundary between them is not clearly defined.”― Albert Camus

Today, we take a look at a concern that came public earlier this year but is already

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Disclosure: I/we have a beneficial long position in the shares of OSCR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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