Is Clover Health a Warren Buffett Stock?
If you're familiar with the Oracle of Omaha's cautious and long-term approach to investing, the technology-heavy insurer Clover Health (NASDAQ: CLOV) probably doesn't scream "Warren Buffett would love this stock!" to you. It isn't profitable, nor does it have an extensive history of revenue growth or cost discipline.
But, while it's true that Buffett's traditional favorites haven't featured any companies devoted purely to providing health insurance, his portfolio does currently include Globe Life, which sells both life insurance and supplemental health insurance. So, it's at least plausible that he might approve of Clover Health, provided that it fits his exacting investing criteria. Let's examine how the stock measures up.
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Source Fool.com
