HealthcareHealthcare is one of the most lucrative areas of the stock market, and even alternative bargain investors will find picks with value. Cross Country Healthcare Inc. (NASDAQ: CCRN) might be far removed from the traditional alternative energy picks, but it can still have relevance in a bargain portfolio.

This company offers staffing and workforce provisioning and management solutions throughout the United States. Services include nurse and physician staffing for hospitals and smaller healthcare facilities. The company offers affordable talent management for organizations while removing the overhead of handling recruitment and hiring in-house.

Cross Country Healthcare generated earnings of $0.12 in the most recent quarter, beating the analyst estimate of -$0.03. Earnings were more than double what was reported a year ago. Revenue for the quarter was $193.97 million, beating the consensus by 11.40%. Full year earnings are expected to be $0.15 per share from revenue of $781.64 million.

Alternative investors should consider this stock because it is affordable and relevant to the current conditions in the U.S. The Coronavirus Pandemic is affecting virtually every industry and the demand for healthcare professionals is strong, due to rapidly rising infection and hospitalization figures. This stock has the potential to grow in 2021 with an average target price of $9.82 and a high-end target price of $12.00 on FactSet. To diversify a heavily energy and lithium weighted portfolio, this is an ideal pick.

Key Data:

  • 1 Year Price Growth: -21.04%
  • YTD Price Growth: -21.51%
  • 3 Month Price Growth: 53%

All information is based on current and historical market data, as well as publicly available financial data. As with any financial decision, your own research is important. Stock market outcomes can never be 100% accurately predicted. Familiarity with historical data, individual industries, and individual stocks is key to developing a robust portfolio. Note that stock prices can fluctuate rapidly during trading sessions.