35 Non-Tech AI Opportunities Amid DeepSeek Selloff

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

Number of Hedge Fund Holders: 50

Universal Health Services, Inc. (NYSE:UHS) owns and operates acute care hospitals, and outpatient and behavioral health care facilities. This company stands out as a top investment choice for a variety of reasons. To begin with, the report for the third quarter of 2024 showed the company’s strong financial performance, demonstrating increased profitability and revenue growth from the previous year. For instance, reported net income attributable to UHS was $258.7 million during the third quarter of 2024, as compared to $167 million during the third quarter of 2023. Net revenues increased by 11.2% to $3.9 billion during the third quarter of 2024, as compared to $3.5 billion during the third quarter of 2023. Moreover, the company has been named a 2024 Human Experience (HX) Guardian of Excellence Award winner. Lastly, initiatives like ambient AI scribe also solidify the company’s commitment to integrating AI, as this project is aimed at enhancing clinical documentation efficiency and streamlining healthcare operations.

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