Einhorn Touts Centene and Fluor as Hidden AI Winners

Greenlight Capital President David Einhorn is known for contrarian, value-oriented bets, while the Sohn Investment Conference is a closely watched venue for hedge-fund managers to unveil high-conviction ideas. His latest picks broaden the AI investment thesis beyond semiconductors and cloud platforms: Centene could apply automation to labor-intensive health-insurance workflows, and Fluor could capture rising engineering demand as data centers and the power plants serving them are built out.

At the May 12, 2026, Sohn conference in New York, Einhorn named Centene (CNC) and Fluor (FLR) as undervalued AI beneficiaries. He said AI could accelerate repetitive tasks such as claims processing at Centene and outlined a path for the shares from about $54 to $84-$101 as margins recover. Fluor, meanwhile, should benefit from data-center, power-generation and other infrastructure work; the company trades at about 8.7 times EBITDA versus roughly 11-22 times for peers.