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BTEC - agilon health - Healthy Traction Margins Not So Much
Principal Healthcare Innovators Index ETF
agilon health is one of the "new" healthcare plays which went public last year employing innovative and ethical business models.
This is to be applauded, but while topline traction is solid, losses are huge and are reverting for the worse in 2021.
Despite a significant pullback from the highs, and a modest pullback from the IPO price, I am leaning very cautious here with valuations being reset across the industry.