HCA Healthcare, Inc. (NYSE:HCA) is one of the one of the stocks Jim Cramer was bullish on due to share buyback activity. Cramer noted that the company significantly reduced its share count, as he remarked:
“Ninth, there’s HCA Healthcare. I’ve said I’ve liked this many times. It operates a network of 190 hospitals along with roughly 2,400 ambulatory care sites, and that’s not even counting the British business. HCA has shrunk its share count by 44% since the end of 2015. I’ve pushed the stock hard in recent years, and it just keeps climbing higher. HCA hit new all-time highs last month, but since then, it’s pulled back nearly 50 bucks on really no particular reason. I think it’s a terrific one to buy.”
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HCA Healthcare, Inc. (NYSE:HCA) runs hospitals that provide inpatient, emergency, surgical, diagnostic, and intensive care services. In addition, the company operates outpatient and behavioral health facilities and physician practices. L1 Capital stated the following regarding HCA Healthcare, Inc. (NYSE:HCA) in its third quarter 2025 investor letter:
“We continued to trim our investment in HCA Healthcare, Inc. (NYSE:HCA) the leader in for-profit hospital and outpatient services in the U.S. after strong share price appreciation. While we continue to retain an investment in the company, it is no longer a top 10 Fund holding. At times the market has taken an overly pessimistic view of potential regulatory developments affecting HCA, causing the share price to fall to attractive levels. We have used these windows of opportunity to materially increase our HCA investment in the past. Today, expectations for operating conditions are much more balanced, the HCA share price has increased materially, and our assessment of risk adjusted return potential from the current share price is less favourable.”
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Disclosure: None. This article is originally published at Insider Monkey.