Billionaire Larry Robbins’ Long-Term Stock Picks

3. The Cigna Group (NYSE:CI)

Number of Hedge Fund Holders: 66 

Glenview Capital’s Stake: $364.3 million 

The Cigna Group (NYSE:CI) is a global company dedicated to improving health and wellness. The following elements demonstrate why this company is an excellent investment choice. First of all, as per the report for the third quarter of 2024, adjusted income from operations was $2.1 billion, or $7.51 per share, compared with $2 billion, or $6.77 per share, for the third quarter of the prior year, reflecting strong contributions from Evernorth Health Services, particularly within Specialty and Care Services, signaling robust operational efficiency. Secondly, the company has collaborated with Progyny, which will enable employers to offer expanded coverage throughout the entire fertility journey, from pre-conception planning to postpartum care, along with coverage options for family-building services such as surrogacy and adoption. Moreover, the company’s collaboration with HelloFresh offers discounted access to HelloFresh’s affordable meals to as many as 12 million Cigna Healthcare customers. The two companies will also team up to support HelloFresh’s Meals with Meaning.