Is Clover Health Stock a Buy?

Jason Hawthorne, The Motley Fool
·4 min read
Is Clover Health Stock a Buy?

It's not often you find the combination of a hot new investing trend and a boring old government program, but that's exactly what Clover Health (NASDAQ: CLOV) offers. The company sells Medicare Advantage plans, focusing on customer experience and leveraging machine learning and artificial intelligence to achieve better outcomes. After exploring a traditional initial public offering and a direct listing, Clover went public in January after agreeing to combine with a special purpose acquisition company (SPAC) backed by former Facebook executive and current venture capitalist Chamath Palihapitiya.