10 Best Medical Stocks to Buy According to Billionaires

7. Universal Health Services, Inc. (NYSE:UHS)

Number of Billionaire Investors: 17

Number of Hedge Fund Holders: 49

Universal Health Services, Inc. (NYSE:UHS) provides hospital and healthcare services. The company operates through the Acute Care Hospital Services, Behavioral Health Care Services, and Other segments.

Universal Health Services, Inc. (NYSE:UHS) reported a 2.2% growth in adjusted admissions to its acute care hospitals on a same-facility basis during fiscal Q4 2024. Same-facility net revenues in the company’s acute care hospital segment also rose by 8.7% during the quarter, supported primarily by a 5.3% growth in net revenue per adjusted admission.

During fiscal Q4 2024, same-facility revenues at its behavioral health hospitals grew 11.1%, supported by an 8.7% increase in revenue per adjusted patient day. Same-facility revenue rose by 7.4%, excluding the year-over-year growth in Medicaid supplemental payments. On April 9, Guggenheim initiated coverage of Universal Health Services, Inc. (NYSE:UHS) with a Buy rating and a $208 price target. The company ranks seventh on our list of the top medical stocks to buy now.