Why AMN Healthcare Services (AMN) Stock is a Compelling Investment Case

Polen Capital Management recently released its Q3 2020 Investor Letter, a copy of which you can download here. During the third quarter of 2020, the Polen U.S. Small Company Growth Composite Portfolio returned 4.57% gross of fees, while the Russell 2000 Growth Index was up 7.17%. You should check out Polen Capital’s top 5 stock picks for investors to buy right now, which could be the biggest winners of this year.

In the said letter, Polen Capital highlighted a few stocks and AMN Healthcare Services Inc (NYSE:AMN) is one of them. AMN Healthcare Services Inc (NYSE:AMN) is the largest healthcare staffing company in the United States. Year-to-date, AMN Healthcare Services Inc (NYSE:AMN) stock lost 1.5% and on November 12th it had a closing price of $61.40. Here is what Polen Capital said:

“AMN Healthcare Services also contributed during the quarter. As a leading provider of healthcare workforce solutions and staffing services in the U.S., the business has experienced substantial dislocation because of COVID-19. Still, the company has adapted, adding services like telehealth and audio/video interpretation services, and deepened and expanded its relationships. While demand for its services remains depressed, order flows are beginning to resume. Over the long-term, we believe its competitive position along with secular tailwinds should continue to drive demand for the company’s services and solutions.”

Funny Bumble Bios for Females


In Q2 2020, the number of bullish hedge fund positions on AMN Healthcare Services Inc (NYSE:AMN) stock decreased by about 5% from the previous quarter (see the chart here), so a number of other hedge fund managers don’t believe in AMN Healthcare Services’ growth potential. Our calculations showed that AMN Healthcare Services Inc (NYSE:AMN) isn’t ranked among the 30 most popular stocks among hedge funds.

The top 10 stocks among hedge funds returned 185% since the end of 2014 and outperformed the S&P 500 Index ETFs by more than 109 percentage points. We know it sounds unbelievable. You have been dismissing our articles about top hedge fund stocks mostly because you were fed biased information by other media outlets about hedge funds’ poor performance. You could have doubled the size of your nest egg by investing in the top hedge fund stocks instead of dumb S&P 500 ETFs. Below you can watch our video about the top 5 hedge fund stocks right now. All of these stocks had positive returns in 2020.

Video: Top 5 Stocks Among Hedge Funds

At Insider Monkey we scour multiple sources to uncover the next great investment idea. For example, Federal Reserve has been creating trillions of dollars electronically to keep the interest rates near zero. We believe this will lead to inflation and boost real estate prices. So, we recommended this real estate stock to our monthly premium newsletter subscribers. We go through lists like the 10 most profitable companies in the world to pick the best large-cap stocks to buy. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. You can subscribe to our free daily newsletter on our website:

Disclosure: None. This article is originally published at Insider Monkey.