5 Best Healthcare Stocks To Invest In

In this article, we discuss the 5 best healthcare stocks to invest in according to hedge funds. If you want to read our detailed analysis of the healthcare industry, go directly and see the 11 Best Healthcare Stocks To Invest In. 

5. Pfizer Inc. (NYSE:PFE)

Number of Hedge Fund Holders: 67 

In Q2, Pfizer Inc. (NYSE:PFE) presented a positive hedge fund sentiment as 67 hedge funds tracked by Insider Monkey reported owning stakes in the company, up from 65 in the previous quarter. The total value of these stakes is over $2.35 billion.

Recently, Morgan Stanley lifted its price target on Pfizer Inc. (NYSE:PFE) to $48, with an Equal Weight rating on the shares. The firm also raised its 2022 EPS estimates to $4.57, driven by the company’s strong vaccine operations.

Kahn Brothers is the leading shareholder of Pfizer Inc. (NYSE:PFE) in Q2, owning shares worth $32.2 billion.

ClearBridge Investments published its Q1 2021 investor letter and mentioned Pfizer Inc. (NYSE:PFE) in it. Here is what the firm has to say:

“Our underweights in health care and staples contributed to relative performance during the period. As we continue to focus the portfolio on high-conviction ideas, we sold Pfizer in late 2020, in the health care sector.”