Larry Robbins’ 10 Best Stocks to Buy Now

7. Universal Health Services Inc. (NYSE:UHS)

Total Number of Shares Owned: 1,184,295

Total Value of Shares Owned: $219,011,674

Number of Hedge Fund Investors: 46

Universal Health Services Inc. (NYSE:UHS) is an appealing investment opportunity, driven by strong financial performance, strategic growth initiatives, and a favorable healthcare market. In its Q2 2024 earnings report, Universal Health Services Inc. (NYSE:UHS) announced revenues of $3.5 billion, representing a 10% increase from the previous year. Universal Health Services Inc. (NYSE:UHS) also reported adjusted earnings per share (EPS) of $2.45, surpassing analyst expectations and highlighting its effective management and operational efficiency.

A major factor behind Universal Health Services Inc.’s (NYSE:UHS) growth is its wide network of facilities, which includes both acute care hospitals and behavioral health centers. With an increasing demand for healthcare services, especially in mental health care, Universal Health Services Inc. (NYSE:UHS) is well-positioned to meet this need. Universal Health Services Inc. (NYSE:UHS)’s focus on expanding its behavioral health services aligns with the rising awareness and acceptance of mental health issues, likely driving significant patient volume in the future.

Recently, Universal Health Services Inc. (NYSE:UHS) announced the acquisition of a regional behavioral health facility, which enhances its capacity to provide essential mental health services. This strategic move not only increases Universal Health Services Inc. (NYSE:UHS)’s market share but also broadens its service offerings, making it a more comprehensive healthcare provider. Additionally, Universal Health Services Inc. (NYSE:UHS) continues to invest in technology and patient care innovations, improving the quality and efficiency of its services.

The broader healthcare landscape is also favorable for Universal Health Services Inc. (NYSE:UHS). As more patients seek care following the pandemic, Universal Health Services Inc. (NYSE:UHS) is set to benefit from increased utilization rates across its facilities. Furthermore, ongoing legislative efforts to expand healthcare access and support mental health initiatives align with Universal Health Services Inc. (NYSE:UHS)’s strategic goals, potentially creating new revenue opportunities.