Top 5 Health Insurance Stocks to Buy

4. AbbVie Inc. (NYSE: ABBV)

Number of Hedge Fund Holders: 72

AbbVie Inc. (NYSE: ABBV) is a Delaware-based healthcare firm founded in 2013. It is ranked fourth on our list of top 10 health insurance stocks to buy. AbbVie stock has returned more than 26% to investors over the past twelve months. The firm focuses on the development and marketing of biopharma products but also has stakes in an elaborate health insurance business. The firm has so far developed therapy drugs for several ailments. It was formed as a spin-off of Abbott Laboratories.

On April 30, AbbVie Inc. (NYSE: ABBV) posted earnings results for the first quarter of 2021, reporting a net revenue of over $13 billion, up 50% year-on-year, and earnings per share of $2.95, beating market estimates by $0.12.