12 Best Under-the-Radar Stocks to Buy According to Hedge Funds

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4. Oscar Health, Inc. (NYSE:OSCR)

Oscar Health, Inc. (NYSE:OSCR) is one of the best under-the-radar stocks to buy according to hedge funds. On February 12, Raymond James upgraded its rating on Oscar Health, Inc. (NYSE:OSCR) from Market Perform to Outperform with a price target of $18 on the stock.

Raymond James said the stock’s valuation now looks appealing as margins across the Affordable Care Act (ACA) exchange market start to recover. The research firm noted that issues related to ACA subsidies and integrity rules appear to be largely reflected in the market, creating a more stable environment that could allow Oscar Health, Inc. (NYSE:OSCR) to modestly expand its margins in 2027.

According to Raymond James, Oscar Health, Inc. (NYSE:OSCR) is the “best house in a tough neighborhood.” The firm said the company’s weaker Q4 results reflect past challenges and the forward-looking outlook for the company is “more supportive.”

The research firm expects the company to report an EBIT margin of about 2% in 2026, with expectations for it to improve to around 4% in 2027. This improvement is expected to come from lower medical costs through repricing and better administrative efficiency as the business grows.

In other news, on February 11, UBS lowered its price target on Oscar Health, Inc. (NYSE:OSCR) from $17 to $15 and maintained its Neutral rating on the stock.

Oscar Health, Inc. (NYSE:OSCR) is an American health insurance and healthcare technology company. Through its +Oscar platform, the company offers health insurance plans to individuals and families and health technology solutions to support the healthcare industry.

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