5 Best Staffing Company Stocks To Invest In

4. AMN Healthcare Services, Inc. (NYSE:AMN)

Number of Hedge Fund Holders: 25

AMN Healthcare Services, Inc. (NYSE:AMN) is an American workforce solutions and staffing services provider based in Dallas, Texas. Like some other companies, it also focuses its attention exclusively on the healthcare sector as it provides nursing, rapid response nursing, leadership, and physical placement services. Its workforce solution segment allows healthcare providers to manage vendors and workflows.

Jefferies raised the company’s price target to $175 from $170 in May 2022 as it outlined that any revenue fears are already reflected by the share price and that recent dips were illogical. 25 of the 912 hedge funds polled by Insider Monkey for Q1 2022 had bought the company’s shares.

AMN Healthcare Services, Inc. (NYSE:AMN)’s shares have outperformed their respective indexes by hefty amounts since 2017, and the company is right at the center of a major trend in the U.S. healthcare industry. The aging U.S. population will drive the demand up for companies such as AMN Healthcare Services, Inc. (NYSE:AMN), which provide solutions such as staff to nursing homes.

AMN Healthcare Services, Inc. (NYSE:AMN) raked in $1.55 billion in revenue and $3.49 in non-GAAP EPS for its fiscal Q1, beating analyst estimates for both metrics. The revenue marked a strong 75% annual growth, continuing the strong growth trend that we’ve seen throughout our list.

AMN Healthcare Services, Inc. (NYSE:AMN)’s largest investor is Israel Englander’s Millennium Management which owns 890,147 shares worth $92 million.