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PINC
Benzinga
3 days

Top 2 Health Care Stocks That May Fall Off A Cliff In August

1. Premier Inc reported strong Q4 results, exceeding expectations. 2. PINC's stock has gained 25% over the past month. 3. The RSI for Premier is at 86.9, indicating overbought conditions. 4. The revenue growth stemmed from successful Supply Chain Services. 5. CEO noted contract renewal challenges are mostly resolved.

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FAQ

Why Bullish?

PINC's significant recent gains reflect positive market sentiment, similar to past performance post-earnings.

How important is it?

Positive earnings can drive sustained interest and investment from traders focused on momentum.

Why Short Term?

Short-term volatility possible due to overbought RSI, but positive sentiment likely to support prices.

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