Top Investors’ Stock Portfolio: 5 Mid-Cap Stocks To Buy

Page 1 of 5

In this article, we discuss the top 5 mid-cap stocks to buy. If you want to read our detailed analysis of the mid-cap stocks, go directly to read the Top Investors’ Stock Portfolio: 10 Mid-Cap Stocks To Buy

5. Change Healthcare Inc. (NASDAQ:CHNG)

Number of Hegde Fund Holders: 51
Market Cap: $6.6 billion 

Change Healthcare Inc. (NASDAQ:CHNG) is an American healthcare company that provides solutions in healthcare technology, revenue cycle management, and health information exchange. The company stands fifth on our list of the top mid-cap stocks to buy. 

In August, Piper Sandler lifted its price target on Change Healthcare Inc. (NASDAQ:CHNG) to $25.75, while maintaining an ‘Overweight’ rating on the shares. The firm noted the company’s growth across all segments and recommends the stock in the healthcare IT space.

In Q2 2021, Change Healthcare Inc. (NASDAQ:CHNG) reported revenue of $867.9 million, showcasing a 25% year-over-year growth and beating the analysts’ estimates by $10.33 million.

As of Q2 2021, 51 hedge funds tracked by Insider Monkey have positions in Change Healthcare Inc. (NASDAQ:CHNG), valued at $1.83 billion. The number of hedge funds having stakes in the company stood at 56 in the previous quarter. Abrams Capital Management is the company’s leading shareholder, with over 13.9 million shares. 

Page 1 of 5