Billionaire Andreas Halvorsen’s Top 15 Long-Term Stock Picks

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9. Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

Number of Hedge Fund Holders: 43 

Viking Global’s Stake: $234.7 million  

Acadia Healthcare Company, Inc. (NASDAQ:ACHC)’s behavioral health treatment facilities specialize in helping children, teenagers, and adults who are suffering from mental health disorders. The following aspects make the company an attractive prospect for investors. The first compelling factor is the company’s great performance in the third quarter report of 2024. As per the report, the company delivered $250.4 million in total revenues, putting it on track to reach an impressive milestone of more than $1 billion in annualized sales in 2025, which reflects the success of the company’s two growing commercial franchises. Secondly, the company is expanding its bed capacity, adding approximately 1,200 new beds in 2024 and further investments in over 2,000 additional beds.

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