/Elevance%20Health%20Inc%20on%20phone-by%20rafapress%20via%20Shutterstock.jpg)
Based in Indianapolis, Indiana, Elevance Health, Inc. (ELV) is a leading force in the healthcare sector, delivering a wide range of health solutions to millions of individuals nationwide. Valued at a market capitalization of $93.4 billion, the company is recognized for its innovative offerings, including medical, pharmacy, behavioral, clinical, and wellness services.
Shares of ELV have underperformed the broader market over the past year. The stock has plunged 16% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 32.1%. In 2024, the stock is down 14.8%, while the SPX has gained 26.2% on a YTD basis.