5 Cheap Healthcare Stocks to Buy Now

3. Humana Inc (NYSE: HUM)

PE Ratio (TTM): 12.17

Kentucky-based Humana is one of the biggest health insurance companies in the U.S., with over 20 million members. In 2019, the company’s revenue totaled $56.9 billion. It is also a part of the Fortune 500 list. In the fourth quarter of 2020, Humana’s revenue jumped over 16% to reach $18.96 billion, beating the Street’s forecast by $200 million. For 2021, the company expects EPS in the range $21.25 to $21.75.

A total of 61 hedge funds tracked by Insider Monkey are bullish on Humana.

VLTAVA Fund said the following about Humana stock in their Q2 2020 Investor Letter:

“Humana is benefitting from a lower number of visits to physicians, which means lower insurance pay-outs for health care. This trend will most probably return gradually to normal by the end of the year.”

Related Article: Is HUM A Good Stock To Buy Now?