10 Best Healthcare Stocks to Buy According to Billionaires

7. The Cigna Group (NYSE:CI)

Number of Billionaire Investors: 17

Value of Billionaire Holdings: $2.3 billion

The Cigna Group (NYSE:CI) offers insurance and related services in the United States, operating through two segments – Evernorth Health Services and Cigna Healthcare. On January 30, the company announced a quarterly dividend of $1.51 per share, amounting to $6.04 annually. The dividend was paid to shareholders on March 20, 2025.

The Cigna Group (NYSE:CI) reported a 27% increase in revenue for 2024, reaching approximately $247 billion. Adjusted earnings per share rose 9% year-over-year to $27.33, though they fell short of the company’s expectations. The Evernorth Health Services segment performed well, particularly in specialty and care services. In the fourth quarter, revenue amounted to $13.3 billion, with pre-tax adjusted earnings of $511 million and a medical care ratio of 87.9%. However, earnings fell below expectations due to higher medical costs in stop-loss coverage. Cigna closed the year with $10.4 billion in operating cash flow. Looking ahead to 2025, the company anticipates generating around $10 billion in operating cash flow, supported by its efficient service-based model.

On March 19, The Cigna Group (NYSE:CI) finalized the sale of its Medicare Advantage, Cigna Supplemental Benefits, Medicare Part D, and CareAllies businesses to Health Care Service Corporation. This move simplifies Cigna’s portfolio and strengthens its focus on innovation and customer support.

In the fourth quarter of 2024, 17 billionaires owned The Cigna Group (NYSE:CI), placing it among the best healthcare stocks on Wall Street.