12 Best Young Stocks To Buy and Hold For 10 Years

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6. Brightspring Health Services Inc. (NASDAQ:BTSG)

3-Year CAGR as of February 11: 18.48% 

Number of Hedge Fund Holders: 29

Brightspring Health Services Inc. (NASDAQ:BTSG) provides home and community-based healthcare services in the US. Its platform delivers pharmacy and provider services, which include clinical and supportive care, to Medicare, Medicaid, and insured populations.

In Q3 2024, the company’s Pharmacy Solutions segment made $2.3 billion in revenue. This was a 35% jump compared to the same period in 2023. This growth comes from strong prescription volumes. The Infusion and Specialty business, within Pharmacy Solutions, saw revenue explode by 42% year-over-year. The home and community pharmacy business also performed well, with a 19% revenue increase. Overall, the Pharmacy Solutions segment processed 10.9 million prescriptions in Q3. This was a 15% increase year-over-year. Specialty prescriptions also saw a particularly large increase of 36%.

This performance was delivered by the company’s operational efficiency, effective sales and marketing, successful launches of new Limited Drug Distribution (LDD) therapies, and strategic acquisitions. Its LDD portfolio has grown to 123 therapies recently.

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