5 Best Strong Buy Stocks to Invest In

1. UnitedHealth Group Incorporated (NYSE: UNH)

Number of Hedge Fund Holders: 89

UnitedHealth Group Incorporated (NYSE: UNH) stock has offered investors returns exceeding 37% over the course of the past twelve months. It is placed first on our list of 15 best strong buy stocks to invest in. The firm offers healthcare services and is headquartered in Minnesota. The company posted earnings for the second quarter on July 15, reporting earnings per share of $4.70, beating market estimates by $0.25. The revenue over the period was more than $71 billion, up 14% year-on-year. 

On July 16, investment advisory Raymond James maintained a Strong Buy rating on UnitedHealth Group Incorporated (NYSE: UNH) stock and raised the price target to $515 from $435. The stock is presently trading at around $411.9. 

Out of the hedge funds being tracked by Insider Monkey, Florida-based investment firm GQG Partners is a leading shareholder in UnitedHealth Group Incorporated (NYSE: UNH) with 3.2 million shares worth more than $1.2 billion. 

In its Q1 2021 investor letter, ClearBridge Investments, an asset management firm, highlighted a few stocks and UnitedHealth Group Incorporated (NYSE: UNH) was one of them. Here is what the fund said:

“A good way to conceptualize how we think about portfolio construction is to picture a pyramid. At the bottom of the pyramid are the durable compounding growth companies that form the strong foundation, resilience and consistency for the Strategy. We think these companies should comprise just under half of portfolio assets and feature annual revenue growth rates ranging from two times GDP up to 20% as well as healthy free cash flow generation.

UnitedHealth Group, a name we have owned in the Strategy since 1992, is a good example of a long-term compounder, having grown its revenue base from approximately $600 million to north of $260 billion over that time frame. It remains constantly focused on investing in new growth drivers such as telemedicine and health care analytics. Broadcom and Comcast have delivered similar long-term appreciation through a combination of organic growth, capital deployment into new and adjacent opportunities through merger and acquisition activity as well as returning capital to shareholders through buybacks and dividends.”

You can also take a peek at 10 Best Medical Stocks Under $10 and 15 Best Consumer Discretionary Stocks to Buy Now.

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