Coinbase, Block, and Datadog post big rallies, while Agilon Health and Cigna slide.
The following article screens for the best and worst performing stocks in the Morningstar US Large-Mid Index.
Best-Performing Stocks of November 2023
Coinbase Global COIN rose 61.7% in November, lifting shares 252.4% in the year to date. The company’s stock ended the month with a Morningstar Rating of 2 stars, trading at a 56% premium to its fair value estimate of $80.
Block SQ rose 57.6%, but shares are flat from the start of the year, having risen only 0.9%. Shares are 29.5% below their last high on Feb. 2, 2023. The stock ended the month with a Morningstar Rating of 4 stars, trading at a 24% discount to its fair value estimate of $83.
Datadog DDOG advanced 43.1%, leaving it up 58.6% for the year. The company’s stock ended the month with a Morningstar Rating of 3 stars, trading at a 1% premium to its fair value estimate of $115.
Expedia Group EXPE advanced 42.9%, lifting shares 55.5% year to date. The stock ended the month with a Morningstar Rating of 4 stars, trading at a 23% discount to its fair value estimate of $178.
Insulet PODD rose 42.6%, but it was still down 35.8% for the year. Shares are 43.7% below their last high on May 5, 2023. The stock ended the month with a Morningstar Rating of 4 stars, trading at a 19% discount to its fair value estimate of $234.
Worst-Performing Stocks of November 2023
Agilon Health AGL slid 41.0% in November, having fallen 34.2% from the start of the year. Shares are 63.9% below their last high on March 27, 2023.
BILL Holdings BILL slid 28.3%, putting it down 39.9% from the start of the year. Shares are 53.1% below their last high on July 19, 2023.
Paycom Software PAYC slid 25.7%, declining 41.2% in the year to date. Shares are 51.4% below their last high on July 31, 2023. The company’s stock ended the month with a Morningstar Rating of 5 stars, trading at a 38% discount to its fair value estimate of $295.
ShockWave Medical SWAV slid 15.4% and is now down 15.1% over this year. Shares are 44.8% below their last high on June 14, 2023.
Cigna Group CI slid 15.0% and declined 19.6% in the year to date. Shares are 22.7% below their last high on Dec. 13, 2022. The stock ended the month with a Morningstar Rating of 4 stars, trading at a 24% discount to its fair value estimate of $344.
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