5 Healthcare Stocks to Invest In Today According to Stanley Druckenmiller

In this piece, we will take a look at the five healthcare stocks to invest in today according to Stanley Druckenmiller. To learn more about the famous investor and discover more stocks, take a look at the 9 Healthcare Stocks to Invest In Today According to Stanley Druckenmiller.

5. Oscar Health, Inc. (NYSE:OSCR)

Duquesne Family Office’s Stake Value: $7.8 million

Percentage of Duquesne Family Office’s 13F Portfolio: 0.28%

Number of Hedge Fund Holders: 19

Oscar Health, Inc. (NYSE:OSCR) is a health insurance provider based out of New York, New York, United States. Its insurance products cover individuals, small families, and Medicare. Additionally, it also has a platform that allows providers and clients to interact with each other.

Mr. Druckenmiller’s Q4 2021 stake in Oscar Health, Inc. (NYSE:OSCR) was worth $7.8 million and it came in the form of 994,289 shares. During the same time period, 19 of the 924 hedge funds polled by Insider Monkey had invested in the firm.

For its fiscal fourth quarter, Oscar Health, Inc. (NYSE:OSCR) reported $496 million in revenue and -$0.95 in GAAP EPS, for a weak set of results that missed analyst estimates for both metrics. Goldman Sachs increased its price target to $9 from $6.5 in February 2022, outlining that a capital raise improves the company’s prospects.

Oscar Health, Inc. (NYSE:OSCR)’s largest investor is Joshua Kushner’s Thrive Capital which owns 37 million shares worth $295 million.