12 Stocks That Will Double in 2025

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2. PACS Group, Inc. (NYSE:PACS)

Analyst Upside as of January 29, 2025: 184%

Number of Hedge Fund Holders: 32

PACS Group, Inc. (NYSE:PACS) ranks second on our list of stocks expected to double in 2025. The managed healthcare company was founded in 2013 commencing operations with two skilled nursing facilities. Today, the company has more than 314 facilitates, and over 40,000 employees, in more than 17 states that serve nearly 30,000 patients and residents daily. PACS offers patients post-acute care facilities, professionals, and ancillary healthcare services.

Aligning with its expansion plan, on December 5, 2024, PACS Group, Inc. (NYSE:PACS) completed the acquisition of 11 skilled nursing facilities in Tennessee, comprising 1,310 nursing beds. In the first quarter of 2025, the company is expected to acquire its 12th nursing facility. Since October 31, 2024, PACS has acquired 38 nursing facilities, adding 4,700 skilled nursing beds to its complete portfolio. This explains why analysts are bullish on the stock. Analysts’ median price target of $40 implies an upside of 184%. At the end of Q3, 32 hedge funds held stakes in PACS Group, Inc. (NYSE:PACS).

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