5 Best Healthcare Stocks to Buy in 2022 According to Hedge Funds

UnitedHealth Group Inc. (NYSE:UNH) was the most popular healthcare stock among the 912 hedge funds tracked by Insider Monkey at the close of the first quarter, where 103 hedge funds were long on the company shares. This shows a positive trend from the previous quarter where 96 hedge funds held positions in the firm. With a $1.48 billion stake, Eagle Capital Management was the most prominent shareholder of UnitedHealth Group Inc. (NYSE:UNH) at the end of March.

Here is what investment firm Baron Funds had to say about UnitedHealth Group Incorporated (NYSE:UNH) in its Q1 2022 investor letter:

“UnitedHealth Group Incorporated (NYSE:UNH) is a leading diversified health and wellbeing company whose divisions include insurance arm, United Healthcare and healthcare services arm, Optum, which offers care delivery and other services. Shares increased 1.8% on good fourth quarter results with revenues up 12.5% year-over-year, operating margins of 7.5% and EPS up 78% while also reaffirming its 2022 guidance. We believe UnitedHealth leads the health care industry in innovation and execution as evidenced by its strong value proposition leading to Medicare Advantage share gains, strong cost controls, and its leadership position in the shift to value-based care.”