Top 5 Health Insurance Stocks to Buy

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1. Molina Healthcare, Inc. (NYSE: MOH)

Number of Hedge Fund Holders: 31

Molina Healthcare, Inc. (NYSE: MOH) is a California-based healthcare company founded in 1980. It is placed first on our list of top 10 health insurance stocks to buy. Molina stock has returned more than 40% to investors over the past year. The firm primarily provides health insurance to people through government programs like Medicaid and Medicare. It operates in more than 15 states and has more than 4 million members availing health plans through these two government initiatives. 

On April 28, Molina Healthcare, Inc. (NYSE: MOH) reported earnings per share of $4.44 and a revenue of over $6 billion for the first quarter of 2021. The earnings per share beat market expectations by $0.73. 

Out of the hedge funds being tracked by Insider Monkey, New York-based firm Renaissance Technologies is a leading shareholder in Molina Healthcare, Inc. (NYSE: MOH) with 2.4 million shares worth more than $576 million. 

Just like UnitedHealth Group Incorporated (NYSE: UNH), CVS Health Corporation (NYSE: CVS), and Humana Inc. (NYSE: HUM), Molina Healthcare, Inc. (NYSE: MOH) is a top health insurance stock to buy. 

You can also take a peek at Billionaire Izzy Englander’s Top 10 Stock Picks and Billionaire David Abrams’ Top Stock Picks.

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