5 Best Health Insurance Stocks to Buy

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In this article, we list down 5 of the best health insurance stocks to buy. If you want to go through our detailed analysis of the healthcare industry and its developments, go ahead and click on the 12 Best Health Insurance Stocks to Buy.

5. HCA Healthcare, Inc. (NYSE:HCA)

Number of Hedge Fund Holders: 66

Established in 1968, HCA Healthcare, Inc. (NYSE:HCA) is a prominent healthcare provider renowned for its extensive network. The company possesses ownership and operational control over 182 hospitals and around 2,300 ambulatory care sites, which encompass surgery centers, free-standing emergency rooms, urgent care centers, and physician clinics. These facilities are spread across 20 states in the United States and also extend into the United Kingdom.

On July 27, HCA Healthcare, Inc. (NYSE:HCA) unveiled its financial outcomes for Q2 2023, showcasing robust performance. The company witnessed a 7% year-on-year revenue increase, amounting to $15.9 billion, and a 2% year-on-year rise in net income, totaling $1.4 billion. Notably, its normalized EPS for the quarter stood at $4.29, surpassing consensus estimates by $0.05.

The number of hedge funds tracked by Insider Monkey owning stakes in HCA Healthcare, Inc. (NYSE:HCA) grew to 66 in Q2 2023, from 65 in the previous quarter. The collective value of these stakes is roughly $2.47 billion.

Follow Hca Healthcare Inc. (NYSE:HCA)

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