This company is in the right space for investors looking to tap into the insurance silo. GoHealth Inc. (NASDAQ: GOCO) operates as a health insurance marketplace and Medicare-focused digital health company in the United States.
The company operates a technology platform that leverages machine-learning algorithms of insurance behavioral data to optimize the process for helping individuals find the health insurance plan for their specific needs. Its products include Medicare Advantage, Medicare Supplement, Medicare prescription drug plans, and Medicare Special Needs Plans. It offers IFP, dental plans, vision plans and other ancillary plans to individuals. The company sells its products through carrier and online platforms, as well as independent and external agencies.
The Barclays price target of $10 is less than the $12.57 consensus target. GoHealth stock traded at $5.60 on Friday.
This off-the-radar play has huge upside potential. In8bio Inc. (NASDAQ: INAB) is a clinical-stage biotechnology company, focused on the discovery, development and commercialization of gamma-delta T cell therapies for the treatment of cancers.
The company develops INB-200, a genetically modified autologous gamma-delta T cell product candidate that is in Phase I clinical trial for the treatment of solid tumors. Its INB-100, an allogeneic product candidate, is in Phase I clinical trial to treat patients with acute leukemia undergoing hematopoietic stem cell transplantation. It also develops INB-400 and INB-300, which are in the preclinical phase for treatment of various solid tumor cancers.
The $19 B. Riley Securities price target compares with a $15.50 consensus target and a share price on Friday of $8.75.
This off-the-radar idea also has big-time upside potential. Shift Technologies Inc. (NASDAQ: SFT) provides an end-to-end auto e-commerce platform for buying and selling used cars. The company engages in the retail sale of used vehicles through its platform that enables mobile digital transactions, such as car searching, scheduling an on-demand test drive and purchasing at home or at the preferred site of a test drive, as well as provides financing and services.