5 Best Healthcare Stocks to Buy According to Larry Robbins’ Glenview Capital

4. McKesson Corporation (NYSE: MCK)

Robbins’ Stake Value: $343,408,000
Percentage of Larry Robbins’ 13F Portfolio: 5.81%

McKesson Corporation (NYSE: MCK) provides healthcare supply chain management, retail pharmacy, community oncology and specialized care, and healthcare information solutions globally. It stands fourth on the list of 10 best healthcare stocks to buy according to Larry Robbins’ Glenview Capital. McKesson Corporation (NYSE: MCK) shares have gained about 31.36% in value over the last 12 months. On August 4, the company posted higher-than-anticipated first quarter 2021 results. The earnings per share was $5.56 beating the estimates by $1.42; revenue was $62.7 billion, up 12.6% YoY, beating the market predictions by $2.54 billion. Deutsche Bank analyst George Hill has a “Buy” rating on the stock with a price target raised to $261 from $237.

The hedge fund chaired by Larry Robbins holds 1.76 million shares in McKesson Corporation (NYSE: MCK) worth over $343 million. Glenview Capital’s stake in the company’s shares increased by 51% in the past few months.