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Best Healthcare Stocks to Buy Now (2022)
Top healthcare stocks in 2022 ranked by overall Zen Score. See the best healthcare stocks to buy now, according to analyst forecasts for the healthcare sector.

Sector: Healthcare
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
STAA
STAAR SURGICAL CO
NASDAQ
Medical Instruments & Supplies
$3.50B$72.950.79%$45.25M104.21x0.26
INCY
INCYTE CORP
NASDAQ
Biotechnology
$14.78B$66.440.39%$694.45M15.56x0.30
HZNP
HORIZON THERAPEUTICS PUBLIC LTD CO
NASDAQ
Drug Manufacturers - General
$14.32B$62.170.61%$1.23B18.50x0.79
GMAB
GENMAB A
NASDAQ
Biotechnology
$20.92B$31.820.95%$815.98M38.48x0.12
EXEL
EXELIXIS INC
NASDAQ
Biotechnology
$5.12B$15.900.06%$370.21M18.71x0.21
UTHR
UNITED THERAPEUTICS CORP
NASDAQ
Biotechnology
$9.37B$205.891.27%$874.60M14.74x0.28
HALO
HALOZYME THERAPEUTICS INC
NASDAQ
Biotechnology
$5.32B$38.640.16%$256.86M14.86x5.08
CSBR
CHAMPIONS ONCOLOGY INC
NASDAQ
Biotechnology
$104.12M$7.700.26%$2.28M256.67x2.83
MRNA
MODERNA INC
NASDAQ
Biotechnology
$47.82B$122.232.12%$15.97B3.50x0.45
SWAV
SHOCKWAVE MEDICAL INC
NASDAQ
Medical Devices
$9.37B$260.832.37%$63.94M168.28x0.37
VIR
VIR BIOTECHNOLOGY INC
NASDAQ
Biotechnology
$2.49B$18.752.68%$1.36B2.28x0.34
AMGN
AMGEN INC
NASDAQ
Drug Manufacturers - General
$120.89B$225.99-0.39%$12.12B19.10x23.51
CPRX
CATALYST PHARMACEUTICALS INC
NASDAQ
Biotechnology
$1.28B$12.412.65%$73.03M23.42x0.11
WST
WEST PHARMACEUTICAL SERVICES INC
NYSE
Medical Instruments & Supplies
$18.24B$246.39-2.55%$929.70M26.84x0.39
HRMY
HARMONY BIOSCIENCES HOLDINGS INC
NASDAQ
Biotechnology
$2.52B$42.651.40%$104.97M43.52x1.05
PFE
PFIZER INC
NYSE
Drug Manufacturers - General
$247.45B$44.090.59%$37.05B8.45x1.24
SESN
SESEN BIO INC
NASDAQ
Biotechnology
$75.80M$0.38-2.31%$35.40M1.52x0.24
RDY
DR REDDYS LABORATORIES LTD
NYSE
Drug Manufacturers - Specialty & Generic
$8.41B$50.551.30%$575.00M27.90x0.54
VTRS
VIATRIS INC
NASDAQ
Drug Manufacturers - Specialty & Generic
$10.28B$8.48-0.59%$4.73B13.46x1.58
QIPT
QUIPT HOME MEDICAL CORP
NASDAQ
Medical Devices
$138.83M$4.13-1.29%$18.58M105.79x0.93
SHC
SOTERA HEALTH CO
NASDAQ
Diagnostics & Research
$2.02B$7.15-0.83%$400.18M16.25x3.47
ZYXI
ZYNEX INC
NASDAQ
Medical Devices
$346.43M$9.024.16%$29.90M17.51x0.73
CORT
CORCEPT THERAPEUTICS INC
NASDAQ
Biotechnology
$2.67B$24.951.01%$134.12M24.46x0.12
RGEN
REPLIGEN CORP
NASDAQ
Medical Instruments & Supplies
$10.04B$180.960.91%$246.75M62.83x0.35
MEDP
MEDPACE HOLDINGS INC
NASDAQ
Diagnostics & Research
$4.60B$148.530.56%$277.34M24.71x3.64
IRWD
IRONWOOD PHARMACEUTICALS INC
NASDAQ
Drug Manufacturers - Specialty & Generic
$1.57B$10.271.28%$237.95M9.51x0.83
TECH
BIO-TECHNE CORP
NASDAQ
Biotechnology
$11.08B$282.54-2.60%$422.72M40.77x0.35
SYNH
SYNEOS HEALTH INC
NASDAQ
Diagnostics & Research
$4.77B$46.50-2.35%$684.86M17.22x1.47
XOMA
XOMA CORP
NASDAQ
Biotechnology
$196.38M$17.150.47%$18.72M19.94x0.14
MMSI
MERIT MEDICAL SYSTEMS INC
NASDAQ
Medical Instruments & Supplies
$3.12B$55.051.38%$167.23M53.45x0.52
DCGO
DOCGO INC
NASDAQ
Medical Care Facilities
$987.02M$9.77-2.10%$60.17M0.26x0.31
CODX
CO-DIAGNOSTICS INC
NASDAQ
Diagnostics & Research
$99.99M$2.961.72%$34.38M3.18x0.11
VMD
VIEMED HEALTHCARE INC
NASDAQ
Medical Devices
$217.10M$5.680.89%$25.52M27.05x0.24
MRK
MERCK & CO INC
NYSE
Drug Manufacturers - General
$217.46B$85.84-0.39%$22.10B13.09x1.48
QDEL
QUIDELORTHO CORP
NASDAQ
Diagnostics & Research
$4.68B$69.86-3.24%$1.42B2.93x0.79
INMD
INMODE LTD
NASDAQ
Medical Devices
$2.29B$27.611.32%$183.46M13.27x0.16
BMY
BRISTOL MYERS SQUIBB CO
NYSE
Drug Manufacturers - General
$150.24B$70.360.30%$18.11B23.14x2.08
BRKR
BRUKER CORP
NASDAQ
Medical Devices
$7.25B$48.920.02%$478.40M26.88x2.47
BNTX
BIONTECH SE
NASDAQ
Biotechnology
$31.67B$130.302.08%$17.28B1.65x0.26
UNH
UNITEDHEALTH GROUP INC
NYSE
Healthcare Plans
$475.52B$508.370.00%$28.02B26.19x2.05
ALGN
ALIGN TECHNOLOGY INC
NASDAQ
Medical Devices
$16.73B$214.22-2.47%$989.67M27.25x0.61
SMLR
SEMLER SCIENTIFIC INC
NASDAQ
Medical Devices
$253.15M$37.231.69%$16.72M19.29x0.14
VRTX
VERTEX PHARMACEUTICALS INC
NASDAQ
Biotechnology
$73.02B$284.742.88%$4.13B22.83x0.31
NVS
NOVARTIS AG
NYSE
Drug Manufacturers - General
$164.08B$74.650.05%$21.56B7.25x0.95
REGN
REGENERON PHARMACEUTICALS INC
NASDAQ
Biotechnology
$75.76B$695.011.30%$6.70B13.02x0.32
RMD
RESMED INC
NYSE
Medical Instruments & Supplies
$31.09B$212.32-1.29%$1.18B39.76x0.52
PDCO
PATTERSON COMPANIES INC
NASDAQ
Medical Distribution
$2.39B$24.71-1.36%$356.73M12.42x1.69
CVS
CVS HEALTH CORP
NYSE
Healthcare Plans
$127.62B$97.21-0.54%$17.47B15.65x2.06
ELV
ELEVANCE HEALTH INC
NYSE
Healthcare Plans
$107.04B$445.98-0.48%$10.17B17.66x1.82
SRTS
SENSUS HEALTHCARE INC
NASDAQ
Medical Devices
$190.39M$11.50-2.46%$27.25M7.62x0.25
UTMD
UTAH MEDICAL PRODUCTS INC
NASDAQ
Medical Instruments & Supplies
$315.37M$87.000.20%$27.26M19.86x0.08
CDMO
AVID BIOSERVICES INC
NASDAQ
Biotechnology
$1.14B$18.262.82%$16.18M9.08x1.52
HSIC
HENRY SCHEIN INC
NASDAQ
Medical Distribution
$9.00B$66.12-1.14%$1.10B9.46x0.98
PODD
INSULET CORP
NASDAQ
Medical Devices
$16.00B$230.59-0.43%$150.90M452.14x4.00
AHCO
ADAPTHEALTH CORP
NASDAQ
Medical Devices
$2.56B$19.00-1.50%$615.40M20.21x1.44
CNC
CENTENE CORP
NYSE
Healthcare Plans
$44.84B$77.30-0.53%$4.53B24.16x2.07
SIGA
SIGA TECHNOLOGIES INC
NASDAQ
Biotechnology
$747.04M$10.232.10%$92.53M10.66x0.14
JNJ
JOHNSON & JOHNSON
NYSE
Drug Manufacturers - General
$433.66B$164.94-0.46%$27.69B23.60x1.33
ACRX
ACELRX PHARMACEUTICALS INC
NASDAQ
Drug Manufacturers - Specialty & Generic
$31.53M$0.213.38%$49.20M0.74x0.69
MOH
MOLINA HEALTHCARE INC
NYSE
Healthcare Plans
$19.07B$328.200.42%$1.27B25.25x3.44
HUMA
HUMACYTE INC
NASDAQ
Biotechnology
$355.37M$3.450.88%$41.79M1.39x0.73
CI
CIGNA CORP
NYSE
Healthcare Plans
$84.71B$277.620.30%$11.00B16.40x2.32
SNN
SMITH & NEPHEW PLC
NYSE
Medical Devices
$9.71B$21.95-0.59%$1.23B19.39x0.87
SNY
SANOFI
NASDAQ
Drug Manufacturers - General
$94.06B$37.22-0.08%$11.96B13.88x0.71
NEOG
NEOGEN CORP
NASDAQ
Diagnostics & Research
$1.54B$14.26-2.06%$83.90M31.69x0.12
BLCM
BELLICUM PHARMACEUTICALS INC
NASDAQ
Biotechnology
$9.47M$1.10-0.90%-$7.76M15.71x0.32
GILD
GILEAD SCIENCES INC
NASDAQ
Drug Manufacturers - General
$78.50B$62.630.47%$8.65B18.98x2.11
PAHC
PHIBRO ANIMAL HEALTH CORP
NASDAQ
Drug Manufacturers - Specialty & Generic
$519.26M$12.82-0.31%$116.91M10.60x2.55
ABMD
ABIOMED INC
NASDAQ
Medical Devices
$11.11B$244.400.79%$297.53M51.13x0.11
GNFT
GENFIT SA
NASDAQ
Biotechnology
$190.79M$3.831.06%$86.24M2.33x1.37
IART
INTEGRA LIFESCIENCES HOLDINGS CORP
NASDAQ
Medical Devices
$3.53B$42.28-1.03%$364.58M21.35x1.26
ENSG
ENSIGN GROUP INC
NASDAQ
Medical Care Facilities
$4.40B$79.55-1.33%$335.82M21.33x1.79
GSK
GSK PLC
NYSE
Drug Manufacturers - General
$57.62B$28.66-0.56%$8.98B10.49x4.06
ABBV
ABBVIE INC
NYSE
Drug Manufacturers - General
$250.57B$141.720.36%$24.50B19.99x8.77
BLFS
BIOLIFE SOLUTIONS INC
NASDAQ
Medical Instruments & Supplies
$955.63M$22.433.89%-$85.79M-9.92x0.14
FLGT
FULGENT GENETICS INC
NASDAQ
Diagnostics & Research
$1.15B$37.92-0.45%$550.41M2.90x0.12
ABC
AMERISOURCEBERGEN CORP
NYSE
Medical Distribution
$28.07B$135.44-0.67%$2.99B15.34x252.59
MDT
MEDTRONIC PLC
NYSE
Medical Devices
$107.52B$80.89-0.54%$8.99B20.85x0.70
HUM
HUMANA INC
NYSE
Healthcare Plans
$61.67B$487.310.97%$5.08B19.79x2.02
AUPH
AURINIA PHARMACEUTICALS INC
NASDAQ
Biotechnology
$1.06B$7.484.47%-$152.92M-6.45x0.14
ACHC
ACADIA HEALTHCARE COMPANY INC
NASDAQ
Medical Care Facilities
$6.97B$76.72-0.45%$542.33M24.75x0.81
AMN
AMN HEALTHCARE SERVICES INC
NYSE
Medical Care Facilities
$4.40B$101.65-1.42%$793.40M10.29x1.90
POAI
PREDICTIVE ONCOLOGY INC
NASDAQ
Medical Instruments & Supplies
$29.24M$0.37-2.36%-$26.28M-0.91x0.09
ETON
ETON PHARMACEUTICALS INC
NASDAQ
Biotechnology
$53.63M$2.123.92%-$9.39M-4.51x0.74
APVO
APTEVO THERAPEUTICS INC
NASDAQ
Biotechnology
$15.32M$3.01-3.53%$8.12M2.26x0.68
ITGR
INTEGER HOLDINGS CORP
NYSE
Medical Devices
$2.03B$61.210.08%$213.11M25.94x1.02
SSY
SUNLINK HEALTH SYSTEMS INC
NYSEMKT
Medical Care Facilities
$6.95M$1.00-0.99%$6.54M1.37x0.41
MRUS
MERUS NV
NASDAQ
Biotechnology
$886.82M$19.333.70%-$52.56M-14.98x0.36
SELB
SELECTA BIOSCIENCES INC
NASDAQ
Biotechnology
$241.29M$1.584.64%$53.13M6.32x1.10
EFTR
EFFECTOR THERAPEUTICS INC
NASDAQ
Biotechnology
$23.38M$0.56-0.18%$26.06M0.28x1.22
SLGL
SOL-GEL TECHNOLOGIES LTD
NASDAQ
Biotechnology
$115.88M$5.01-0.40%$10.32M11.93x0.09
LPCN
LIPOCINE INC
NASDAQ
Biotechnology
$34.70M$0.39-11.91%$3.53M9.80x0.06
LNTH
LANTHEUS HOLDINGS INC
NASDAQ
Diagnostics & Research
$4.63B$67.391.19%$113.61M146.50x0.79
BGNE
BEIGENE LTD
NASDAQ
Biotechnology
$14.40B$138.565.13%-$1.96B-87.70x0.39
A
AGILENT TECHNOLOGIES INC
NYSE
Diagnostics & Research
$36.00B$121.61-0.57%$1.91B27.51x1.06
CTLT
CATALENT INC
NYSE
Drug Manufacturers - Specialty & Generic
$13.09B$72.74-2.66%$1.11B25.52x1.19
DMTK
DERMTECH INC
NASDAQ
Diagnostics & Research
$115.95M$3.86-4.69%-$102.08M-1.08x0.21
PCRX
PACIRA BIOSCIENCES INC
NASDAQ
Drug Manufacturers - Specialty & Generic
$2.42B$52.840.30%$143.87M60.74x1.29
ECOR
ELECTROCORE INC
NASDAQ
Medical Instruments & Supplies
$31.36M$0.44-2.00%-$19.78M-1.52x0.23
SLDB
SOLID BIOSCIENCES INC
NASDAQ
Drug Manufacturers - Specialty & Generic
$55.36M$0.49-2.78%-$84.07M-0.64x0.29

Healthcare Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
749+1.89%-5.35%-7.10%-46.89%15.18x4.30x-11.58%+0.74%+6.26%+105.33%Buy
93-0.83%-5.84%-10.40%-39.22%-61.51x3.78x+45.52%+7.71%+13.09%+50.97%Buy
17+0.32%-1.33%-2.23%-3.04%12.56x4.68x+42.81%+10.45%+16.13%+18.81%Buy
96+0.34%-5.54%-10.29%-41.88%20.12x1.68x+14.05%+3.09%+8.65%+87.10%Buy
13+0.19%-3.92%-4.87%+18.73%22.11x3.32x+19.45%+6.36%+13.87%+13.09%Buy
57-0.90%-5.87%-7.49%-28.54%3.31x4.14x-183.23%+5.45%+10.59%+41.27%Buy
148+0.16%-7.12%-9.57%-41.22%27.62x3.46x+10.26%+5.97%+8.98%+54.31%Strong Buy
7-0.49%-2.29%-7.46%+23.21%18.11x23.73x+50.92%+2.38%+12.72%+17.59%Buy
58-0.27%-7.37%-10.42%-33.12%36.37x2.99x+9.86%+6.33%+9.15%+46.75%Strong Buy

Healthcare Stocks FAQ

What are the best healthcare stocks to buy right now in Sep 2022?

According to Zen Score, the 3 best healthcare stocks to buy right now are:

1. Staar Surgical Co (NASDAQ:STAA)


Staar Surgical Co (NASDAQ:STAA) is the top healthcare stock with a Zen Score of 74, which is 43 points higher than the healthcare sector average of 31. It passed 25 out of 33 due diligence checks and has strong fundamentals. Staar Surgical Co has seen its stock lose -46.44% over the past year, underperforming other healthcare stocks by -10 percentage points.

Staar Surgical Co has an average 1 year price target of $107.80, an upside of 47.77% from Staar Surgical Co's current stock price of $72.95.

Staar Surgical Co stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Staar Surgical Co, 80% have issued a Strong Buy rating, 20% have issued a Buy, 0% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Horizon Therapeutics Public Co (NASDAQ:HZNP)


Horizon Therapeutics Public Co (NASDAQ:HZNP) is the second best healthcare stock with a Zen Score of 73, which is 42 points higher than the healthcare sector average of 31. It passed 24 out of 33 due diligence checks and has strong fundamentals. Horizon Therapeutics Public Co has seen its stock lose -43.46% over the past year, underperforming other healthcare stocks by -7 percentage points.

Horizon Therapeutics Public Co has an average 1 year price target of $111.29, an upside of 79% from Horizon Therapeutics Public Co's current stock price of $62.17.

Horizon Therapeutics Public Co stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Horizon Therapeutics Public Co, 42.86% have issued a Strong Buy rating, 42.86% have issued a Buy, 14.29% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Incyte (NASDAQ:INCY)


Incyte (NASDAQ:INCY) is the third best healthcare stock with a Zen Score of 73, which is 42 points higher than the healthcare sector average of 31. It passed 24 out of 33 due diligence checks and has strong fundamentals. Incyte has seen its stock lose -4.07% over the past year, overperforming other healthcare stocks by 32 percentage points.

Incyte has an average 1 year price target of $84.13, an upside of 26.62% from Incyte's current stock price of $66.44.

Incyte stock has a consensus Hold recommendation according to Wall Street analysts. Of the 9 analysts covering Incyte, 0% have issued a Strong Buy rating, 33.33% have issued a Buy, 55.56% have issued a Hold, while 11.11% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the healthcare stocks with highest dividends?

Out of 74 healthcare stocks that have issued dividends in the past year, the 3 healthcare stocks with the highest dividend yields are:

1. Healthcare Services Group (NASDAQ:HCSG)


Healthcare Services Group (NASDAQ:HCSG) has an annual dividend yield of 6.89%, which is 5 percentage points higher than the healthcare sector average of 2.2%. Healthcare Services Group's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Healthcare Services Group's dividend has shown consistent growth over the last 10 years.

Healthcare Services Group's dividend payout ratio of 210.5% indicates that its high dividend yield might not be sustainable for the long-term.

2. Gsk (NYSE:GSK)


Gsk (NYSE:GSK) has an annual dividend yield of 6.58%, which is 4 percentage points higher than the healthcare sector average of 2.2%. Gsk's dividend payout is not stable, having dropped more than 10% ten times in the last 10 years. Gsk's dividend has not shown consistent growth over the last 10 years.

Gsk's dividend payout ratio of 92.7% indicates that its high dividend yield might not be sustainable for the long-term.

3. Koninklijke Philips Nv (NYSE:PHG)


Koninklijke Philips Nv (NYSE:PHG) has an annual dividend yield of 6.45%, which is 4 percentage points higher than the healthcare sector average of 2.2%. Koninklijke Philips Nv's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Koninklijke Philips Nv's dividend has not shown consistent growth over the last 10 years.

Koninklijke Philips Nv's dividend payout ratio of 24.8% indicates that its high dividend yield is sustainable for the long-term.

Why are healthcare stocks up?

Healthcare stocks were up 0.4% in the last day, and down -5.58% over the last week. Avenue Therapeutics was the among the top gainers in the healthcare sector, gaining 106.25% yesterday.

Avenue Therapeutics shares are trading higher. The stock has been volatile after the company last week announced a 1-for-15 reverse split and received meeting minutes from the FDA regarding a meeting conducted on August 9, 2022, for IV Tramadol.

What are the most undervalued healthcare stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued healthcare stocks right now are:

1. Molecular Templates (NASDAQ:MTEM)


Molecular Templates (NASDAQ:MTEM) is the most undervalued healthcare stock based on WallStreetZen's Valuation Score. Molecular Templates has a valuation score of 100, which is 66 points higher than the healthcare sector average of 34. It passed 7 out of 7 valuation due diligence checks.

Molecular Templates's stock has dropped -91.21% in the past year. It has underperformed other stocks in the healthcare sector by -55 percentage points.

2. Vir Biotechnology (NASDAQ:VIR)


Vir Biotechnology (NASDAQ:VIR) is the second most undervalued healthcare stock based on WallStreetZen's Valuation Score. Vir Biotechnology has a valuation score of 100, which is 66 points higher than the healthcare sector average of 34. It passed 7 out of 7 valuation due diligence checks.

Vir Biotechnology's stock has dropped -58.37% in the past year. It has underperformed other stocks in the healthcare sector by -22 percentage points.

3. Moderna (NASDAQ:MRNA)


Moderna (NASDAQ:MRNA) is the third most undervalued healthcare stock based on WallStreetZen's Valuation Score. Moderna has a valuation score of 86, which is 52 points higher than the healthcare sector average of 34. It passed 6 out of 7 valuation due diligence checks.

Moderna's stock has dropped -70.1% in the past year. It has underperformed other stocks in the healthcare sector by -34 percentage points.

Are healthcare stocks a good buy now?

47.72% of healthcare stocks rated by analysts are a strong buy right now. On average, analysts expect healthcare stocks to rise by 63.13% over the next year.

What is the average p/e ratio of the healthcare sector?

The average P/E ratio of the healthcare sector is 8.8x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

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.