5 Best Healthcare Stocks to Buy According to Greg Martinez’s Parkman Healthcare Partners

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In this article, we discuss the 5 best healthcare stocks to buy according to Greg Martinez’s Parkman Healthcare Partners. If you want our detailed analysis of these stocks, go directly to the 10 Best Healthcare Stocks to Buy According to Greg Martinez’s Parkman Healthcare Partners

5. IQVIA Holdings Inc. (NYSE:IQV)

Parkman Healthcare Partners’ Stake Value: $16,736,000

Percentage of Parkman Healthcare Partners’ 13F Portfolio: 4.23%

Number of Hedge Fund Holders: 66

IQVIA Holdings Inc. (NYSE:IQV) is an American multinational health information technology company engaged in extensive clinical research to improve the healthcare system and create breakthrough solutions that enhance patient care. Greg Martinez, via Parkman Healthcare Partners, holds a $16.73 million position in IQVIA Holdings Inc. (NYSE:IQV), which accounts for 4.23% of the firm’s total Q3 investments.

As of September, 66 hedge funds tracked by Insider Monkey were long IQVIA Holdings Inc. (NYSE:IQV), with Thomas Steyer’s Farallon Capital being the largest shareholder, with over 2.7 million shares valued at $647.65 million. 

IQVIA Holdings Inc. (NYSE:IQV) reported Q3 earnings on October 21, with EPS for the quarter being $2.17, topping estimates by $0.05. The quarterly revenue was up 21.72% from the prior-year quarter at $3.39 billion, outperforming estimated revenue by $40.36 million. 

Mizuho analyst Ann Hynes on November 18 raised the price target on IQVIA Holdings Inc. (NYSE:IQV) to $290 from $282 and kept a Buy rating on the shares,  stating that the revenue and earnings growth potential at IQVIA Holdings Inc. (NYSE:IQV) is strong. 

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