Sectors & IndustriesHealthcareDiagnostics & Research
Best Diagnostic & Research Stocks to Buy Now (2026)
Top diagnostic & research stocks in 2026 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +32.52% per year, and are the best diagnostic & research stocks to buy now. Learn More.

Industry: Diagnostics & Research
B
Diagnostics & Research is Zen Rated B and is the 35th ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
Zen Rating
Value
Growth
Momentum
Sentiment
Safety
Financials
AI
1w Zen Rating
1m Zen Rating
3m Zen Rating
1y Zen Rating
ILMN
ILLUMINA INC
ACCCBBACAACB
SHC
SOTERA HEALTH CO
ACCCBBBCAAAC
BLLN
BILLIONTOONE INC
BCBCACCCBCC
IDXX
IDEXX LABORATORIES INC
BCCCCCABBBAC
TMO
THERMO FISHER SCIENTIFIC INC
BBCCCACCBBBB

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Use the proven Zen Ratings quant model to find stocks with high potential to beat the market. Stocks Zen-Rated "A" have beaten the market by +32.52% annually. Learn More

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Diagnostic & Research Stocks FAQ

What are the best diagnostic & research stocks to buy right now in Apr 2026?

According to Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best diagnostic & research stocks to buy right now are:

1. Illumina (NASDAQ:ILMN)


Illumina (NASDAQ:ILMN) is the #1 top diagnostic & research stock out of 55 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Illumina (NASDAQ:ILMN) is: Value: C, Growth: C, Momentum: C, Sentiment: B, Safety: B, Financials: A, and AI: C.

Illumina (NASDAQ:ILMN) has a Due Diligence Score of 37, which is 9 points higher than the diagnostic & research industry average of 28.

ILMN passed 12 out of 33 due diligence checks and has average fundamentals. Illumina has seen its stock return 55.57% over the past year, overperforming other diagnostic & research stocks by 45 percentage points.

Illumina has an average 1 year price target of $138.60, an upside of 8.81% from Illumina's current stock price of $127.38.

Illumina stock has a consensus Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Illumina, 30% have issued a Strong Buy rating, 10% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 10% have issued a Strong Sell.

2. Sotera Health Co (NASDAQ:SHC)


Sotera Health Co (NASDAQ:SHC) is the #2 top diagnostic & research stock out of 55 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Sotera Health Co (NASDAQ:SHC) is: Value: C, Growth: C, Momentum: C, Sentiment: B, Safety: B, Financials: B, and AI: C.

Sotera Health Co (NASDAQ:SHC) has a Due Diligence Score of 33, which is 5 points higher than the diagnostic & research industry average of 28.

SHC passed 11 out of 33 due diligence checks and has average fundamentals. Sotera Health Co has seen its stock return 30.09% over the past year, overperforming other diagnostic & research stocks by 20 percentage points.

Sotera Health Co has an average 1 year price target of $21.40, an upside of 43.05% from Sotera Health Co's current stock price of $14.96.

Sotera Health Co stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Sotera Health Co, 60% have issued a Strong Buy rating, 20% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Billiontoone (NASDAQ:BLLN)


Billiontoone (NASDAQ:BLLN) is the #3 top diagnostic & research stock out of 55 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year. Learn more.

The Component Grade breakdown for Billiontoone (NASDAQ:BLLN) is: Value: C, Growth: B, Momentum: C, Sentiment: A, Safety: C, Financials: C, and AI: C.

Billiontoone (NASDAQ:BLLN) has a Due Diligence Score of 56, which is 28 points higher than the diagnostic & research industry average of 28.

BLLN passed 18 out of 33 due diligence checks and has strong fundamentals.

Billiontoone has an average 1 year price target of $126.71, an upside of 59.67% from Billiontoone's current stock price of $79.36.

Billiontoone stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Billiontoone, 71.43% have issued a Strong Buy rating, 0% have issued a Buy, 28.57% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the diagnostic & research stocks with highest dividends?

Out of 6 diagnostic & research stocks that have issued dividends in the past year, the 3 diagnostic & research stocks with the highest dividend yields are:

1. Quest Diagnostics (NYSE:DGX)


Quest Diagnostics (NYSE:DGX) has an annual dividend yield of 1.62%, which is 1 percentage points higher than the diagnostic & research industry average of 0.82%. Quest Diagnostics's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Quest Diagnostics's dividend has shown consistent growth over the last 10 years.

Quest Diagnostics's dividend payout ratio of 36.1% indicates that its dividend yield is sustainable for the long-term.

2. Labcorp Holdings (NYSE:LH)


Labcorp Holdings (NYSE:LH) has an annual dividend yield of 1.05%, which is the same as the diagnostic & research industry average of 0.82%. Labcorp Holdings's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Labcorp Holdings's dividend has not shown consistent growth over the last 10 years.

Labcorp Holdings's dividend payout ratio of 27.3% indicates that its dividend yield is sustainable for the long-term.

3. Agilent Technologies (NYSE:A)


Agilent Technologies (NYSE:A) has an annual dividend yield of 0.87%, which is the same as the diagnostic & research industry average of 0.82%. Agilent Technologies's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Agilent Technologies's dividend has shown consistent growth over the last 10 years.

Agilent Technologies's dividend payout ratio of 22% indicates that its dividend yield is sustainable for the long-term.

Why are diagnostic & research stocks up?

Diagnostic & research stocks were up 0.31% in the last day, and up 1.69% over the last week.

We couldn't find a catalyst for why diagnostic & research stocks are up.

What are the most undervalued diagnostic & research stocks?

Based on the Valuation rating, one of the 7 components of a stocks overall Zen Ratings grade, which evaluates factors including estimated earnings yield, earnings before interest and taxes/enterprise value, cash flow yield, free cash flow to price, and price-to-earnings growth (PEG ratio), the 3 most undervalued diagnostic & research stocks right now are:

1. Icon (NASDAQ:ICLR)


Icon (NASDAQ:ICLR) is the most undervalued diagnostic & research stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Icon has a valuation score of 100, which is 85 points higher than the diagnostic & research industry average of 15. It passed 7 out of 7 valuation due diligence checks.

Icon's stock has dropped -32.31% in the past year. It has underperformed other stocks in the diagnostic & research industry by -43 percentage points.

2. Qiagen Nv (NYSE:QGEN)


Qiagen Nv (NYSE:QGEN) is the second most undervalued diagnostic & research stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Qiagen Nv has a valuation score of 29, which is 14 points higher than the diagnostic & research industry average of 15. It passed 2 out of 7 valuation due diligence checks.

Qiagen Nv's stock has gained 2.52% in the past year. It has underperformed other stocks in the diagnostic & research industry by -8 percentage points.

3. Agilent Technologies (NYSE:A)


Agilent Technologies (NYSE:A) is the third most undervalued diagnostic & research stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Agilent Technologies has a valuation score of 14, which is -1 points higher than the diagnostic & research industry average of 15. It passed 1 out of 7 valuation due diligence checks. Although this number is below the industry average, our proven quant model rates A a Valuation Rating of "B".

Agilent Technologies's stock has dropped -0.44% in the past year. It has underperformed other stocks in the diagnostic & research industry by -11 percentage points.

Are diagnostic & research stocks a good buy now?

53.49% of diagnostic & research stocks rated by analysts are a strong buy right now. On average, analysts expect diagnostic & research stocks to rise by 25.93% over the next year.

4.76% of diagnostic & research stocks have a Zen Rating of A (Strong Buy), 30.95% of diagnostic & research stocks are rated B (Buy), 52.38% are rated C (Hold), 11.9% are rated D (Sell), and 0% are rated F (Strong Sell).

What is the average p/e ratio of the diagnostics & research industry?

The average P/E ratio of the diagnostics & research industry is 20.41x.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.