Molina Healthcare stock gains nearly 10% in a week

Molina Healthcare's stock rose almost 10% over five trading days, driven by a rotation into defensive stocks. Tech stocks crashed late in the week, and investors worried about interest rate hikes after a strong jobs report. Molina's solid business as an insurer and managed care organization makes it a safe haven in times of economic uncertainty. The company has a history of top-line growth and net profits.