5 Best Healthcare Stocks to Buy According to Matthew Halbower’s Pentwater Capital Management

2. Change Healthcare Inc. (NASDAQ:CHNG)

Halbower’s Stake Value: $207,487,000
Percentage of Matthew Halbower’s 13F Portfolio: 1.71%

Change Healthcare Inc. (NASDAQ:CHNG) is an independent healthcare technology company that provides data and analytics-driven solutions to enhance clinical, financial and administrative outcomes in the United States healthcare system. Ranked 2nd on the list of the 10 best healthcare stocks to buy according to Matthew Halbower’s Pentwater Capital Management, Change Healthcare Inc. (NASDAQ:CHNG) has a market capitalization of $6.79 billion.

Matthew Halbower’s Pentwater Capital Management currently owns 9 million shares of Change Healthcare Inc. (NASDAQ:CHNG), worth more than $207.48 million and representing 1.71% of the fund’s portfolio. Change Healthcare Inc. (NASDAQ:CHNG) issued their quarterly earnings report for the second quarter of 2021 on August 4, with reported earnings per share at $0.41, falling short of estimates by $0.03. The company also reported quarterly revenues of $867.86 million, beating consensus estimated revenues by $10.28 million.

Out of the hedge funds being tracked by Insider Monkey, Boston-based investment firm Abrams Capital Management  is a leading shareholder in Change Healthcare Inc. (NASDAQ:CHNG) with over 13.9 million shares worth more than $321 million.