5 Best Healthcare Stocks For the Long-Term

2. Centene Corporation (NYSE:CNC)

Number of Hedge Fund Investors In Q3 2023: 53

Latest P/E Ratio: 16.63

5-Yr Average Annualized Revenue Growth: 24.47%

Centene Corporation (NYSE:CNC) is one of the biggest healthcare plan providers in America with more than 70,000 employees. The firm is doing well on the financial front lately as it has beaten analyst EPS estimates in all four of its latest quarters.

During this year’s September quarter, 53 out of the 910 hedge funds profiled by Insider Monkey had held a stake in the company. Out of these, the largest Centene Corporation (NYSE:CNC) shareholder was Quentin Koffey’s Politan Capital due to its $836 million investment.

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