11 Best Cosmetic Surgery and Aesthetics Stocks to Invest in Now

5. Bausch Health Companies Inc. (NYSE:BHC)

Number of Hedge Fund Investors: 30

Bausch Health Companies Inc. (NYSE:BHC) is among the Best Aesthetics Stocks. It is a multinational pharmaceutical firm that works in the dermatology and cosmetic medicine industries. Through its majority stake in Bausch & Lomb, it develops, manufactures, and markets a variety of goods. In addition to other cosmetic items and aesthetic treatments, the company offers skincare products, dermal fillers, and minimally invasive procedures.

The company’s revenue is broken down into five segments: Bausch + Lomb, International, Solta Medical, Diversified Products, and Salix. The Bausch + Lomb sector yields the highest revenue.

For the sixth consecutive quarter, revenue and adjusted EBITDA (non-GAAP) both increased year over year. This was achieved as the business proceeded to develop the R&D pipeline, which included approving and launching CABTREO in Canada. Consolidated revenues for the third quarter of 2024 were $2.51 billion, up 12% year over year, with growth across every segment. Revenue for the Bausch + Lomb sector was nearly $1.2 billion, a 19% YoY increase.

Carl Icahn’s Icahn Capital LP was the largest stakeholder in the company among the funds in Insider Monkey’s database. It owns over $118.6 million shares worth $17.47 billion as of Q3.