Stocks You Just Can't Stop Buying and Holding Forever

Many individuals wonder if buying stocks today is a good idea, given how unpredictable the market has been recently, not to mention many hard economic issues like inflation.
WAN CHAI, Hong Kong - April 30, 2022 - PRLog -- Saving a healthy quantity of money for those unanticipated rainy days is always a good idea, but for those who can afford it, now is as good a moment as any to get into stocks. While the equities markets have been a little unpredictable recently, long-term investors know that maintaining the course will usually pay off in the long run. This is especially true if you invest in reputable businesses.

During the pandemic, hospital chain HCA Healthcare Inc. (HCA) has experienced its share of problems. During the worst of the outbreak, the number of people using its services plummeted. While foot traffic at the company's hospitals began to improve last year, the company's profitability was once again harmed by increases in cases caused by novel Coronavirus strains such as Omicron. Despite these problems, HCA had a strong year last year. The company's revenue climbed 14% year over year to $58.8 billion in 2021. HCA reported adjusted profits per share of $17.5 for the fiscal year, up 50.7% from fiscal year 2020.

While the pandemic seems to be diminishing a bit more, HCA is expected to continue to do well this year. Even if things don't go as planned, the company's outbreak-related difficulties will only be transitory. Furthermore, the company's long-term prospects are promising. One cause is the ageing population in the United States. Adults aged 65 and up will account for 25% of the US population by 2060, according to some projections. In 2019, that figure was only at 16%.

As people become older, they require more medical services. Revenue is generated by HCA depending on occupancy and the services that physicians request for their patients. As a result, aging trends will increase the company's top-line growth, if it can continue to be a leading hospital chain in the years ahead. That appears to be the case.

With 182 hospitals as of the end of 2021, HCA has one of the most remarkable networks in the United States. The company's facilities are centred in Texas and Florida, which accounted for 49% of the company's revenue in 2021. HCA also offers a diverse portfolio of facilities, including acute care centres, surgical centres, mental institutions and other medical facilities. This demonstrates HCA's capacity to continue attracting patients, which will benefit the company's top and bottom lines in the long run.

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