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Sectors & IndustriesHealthcare
Best Healthcare Stocks to Buy Now (2024)
Top healthcare stocks in 2024 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
Financials Score
Market Cap
ROE
ROA
ROCE
ROIC
D/E
Current Ratio
Gross Margin
Profit Margin
Operating Margin
CRL
CHARLES RIVER LABORATORIES INTERNATIONAL INC
$11.99B14.30%6.10%9.98%12.30%1.261.5336.40%11.50%17.25%
SPRO
SPERO THERAPEUTICS INC
$87.81M32.60%18.20%17.49%130.70%0.713.53100.00%22.00%24.48%
BDX
BECTON DICKINSON & CO
$67.82B5.10%2.50%4.41%8.00%1.111.4141.20%6.70%10.48%
NEOG
NEOGEN CORP
$2.60B0.00%0.00%1.64%5.10%0.463.8251.00%0.20%7.80%
HSTM
HEALTHSTREAM INC
$821.65M5.20%3.60%5.68%35.00%0.481.1766.10%6.30%7.75%
ANIP
ANI PHARMACEUTICALS INC
$1.42B4.30%2.00%6.17%7.90%1.033.5762.70%3.50%9.62%
FTLF
FITLIFE BRANDS INC
$128.52M21.70%11.40%17.84%42.60%1.051.4240.70%10.00%15.23%
KRYS
KRYSTAL BIOTECH INC
$4.56B1.60%1.50%1.64%3.20%0.0517.7793.90%21.60%25.44%
CPRX
CATALYST PHARMACEUTICALS INC
$1.73B19.80%16.50%23.98%190.70%0.212.8886.90%17.90%23.73%
VRTX
VERTEX PHARMACEUTICALS INC
$103.60B22.60%17.30%23.06%69.80%0.293.9987.20%36.70%44.83%
CRSP
CRISPR THERAPEUTICS AG
$4.49B-8.40%-7.00%-7.11%-8.10%0.1817.54100.00%-41.40%-40.60%
VREX
VAREX IMAGING CORP
$623.60M7.50%3.40%5.46%5.40%1.154.2332.40%4.90%7.00%
SY
SO-YOUNG INTERNATIONAL INC
$126.48M0.90%0.70%0.12%0.60%0.273.1963.70%1.40%0.21%
HOLX
HOLOGIC INC
$17.86B9.50%5.20%8.69%16.60%0.803.9749.90%11.80%17.03%
KIDS
ORTHOPEDIATRICS CORP
$773.13M-5.60%-4.80%-5.42%-9.90%0.165.4474.80%-14.10%-14.46%
CNMD
CONMED CORP
$2.21B10.10%3.60%7.08%9.60%1.702.1854.90%6.50%11.33%
BSX
BOSTON SCIENTIFIC CORP
$107.10B9.30%5.10%7.62%13.10%0.831.6769.30%12.00%16.45%
IDXX
IDEXX LABORATORIES INC
$39.69B63.70%27.60%46.96%45.20%1.141.5760.10%23.30%30.21%
FMS
FRESENIUS MEDICAL CARE AG
$12.31B3.60%1.40%4.40%5.10%1.401.4225.30%2.60%6.29%
TMO
THERMO FISHER SCIENTIFIC INC
$218.49B13.30%6.20%9.61%15.50%1.131.7040.40%14.20%18.81%
ENSG
ENSIGN GROUP INC
$6.65B14.80%5.30%8.10%6.10%1.731.5315.70%5.70%7.57%
USPH
U S PHYSICAL THERAPY INC
$1.59B6.40%2.90%5.55%12.30%0.722.2820.10%4.70%8.22%
RCM
R1 RCM INC
$5.24B0.10%0.10%3.21%6.30%0.801.8321.50%0.10%6.56%
KNSA
KINIKSA PHARMACEUTICALS LTD
$1.42B2.10%1.70%-4.73%-6.70%0.204.2187.80%2.90%-7.15%
ENZ
ENZO BIOCHEM INC
$53.27M53.70%32.60%43.30%151.90%0.403.20112.30%254.30%249.49%
SEER
SEER INC
$145.09M-20.90%-19.00%-20.39%-20.30%0.1025.0051.10%-517.80%-517.84%
TFFP
TFF PHARMACEUTICALS INC
$5.11M-163.10%-144.80%-221.31%-476.70%0.263.13100.00%-2,894.70%-2,894.68%
SWAV
SHOCKWAVE MEDICAL INC
$12.36B24.00%12.80%12.39%16.90%1.3411.7686.90%20.20%24.81%
A
AGILENT TECHNOLOGIES INC
$40.87B21.20%11.50%15.26%24.30%0.772.6850.60%18.40%21.14%
TFX
TELEFLEX INC
$9.56B6.80%4.00%5.78%12.40%0.662.5155.70%9.80%13.29%
DVA
DAVITA INC
$11.79B77.70%4.80%9.80%8.00%15.981.4332.40%6.60%11.79%
PLX
PROTALIX BIOTHERAPEUTICS INC
$83.28M29.70%10.20%26.89%24.60%1.521.5464.90%12.70%15.97%
SOPH
SOPHIA GENETICS SA
$326.15M-47.40%-36.40%-48.35%-211.10%0.364.1668.80%-126.60%-132.20%
BWAY
BRAINSWAY LTD
$96.07M-10.00%-6.90%-5.24%-16.50%0.515.6873.90%-13.20%-8.77%
PFE
PFIZER INC
$157.04B2.20%1.00%0.56%0.80%1.540.9157.30%3.60%1.72%
ATR
APTARGROUP INC
$9.73B13.90%7.10%13.78%19.80%0.881.3036.50%8.80%12.60%
OCUP
OCUPHIRE PHARMA INC
$49.38M-22.30%-20.30%-19.99%-544.60%0.0813.35100.00%-52.40%-52.36%
ATRC
ATRICURE INC
$1.01B-8.10%-6.20%-5.58%-12.90%0.304.0075.30%-9.00%-7.13%
ABBV
ABBVIE INC
$289.23B55.30%4.30%8.57%15.20%17.590.9462.30%11.00%16.91%
SUPN
SUPERNUS PHARMACEUTICALS INC
$1.69B0.10%0.10%0.52%2.10%0.391.7086.20%0.20%0.85%
JAZZ
JAZZ PHARMACEUTICALS PLC
$6.93B9.20%2.90%5.32%7.30%2.062.2789.50%8.60%13.51%
MIRM
MIRUM PHARMACEUTICALS INC
$1.21B-88.60%-31.50%-26.33%-48.60%1.604.4574.80%-87.70%-79.04%
DGX
QUEST DIAGNOSTICS INC
$15.26B13.30%6.20%10.77%16.40%1.160.9732.90%9.10%13.51%
LFWD
LIFEWARD LTD
$41.38M-40.10%-33.10%-43.09%-492.20%0.363.3332.10%-159.80%-159.85%
QGEN
QIAGEN NV
$9.62B9.20%5.60%9.88%15.00%0.611.8462.80%17.40%24.37%
UHS
UNIVERSAL HEALTH SERVICES INC
$11.27B11.80%5.20%9.58%8.80%1.261.40100.00%5.00%8.02%
ADAG
ADAGENE INC
$106.32M-24.70%-14.10%-19.16%148.00%0.643.61100.00%-104.60%-89.15%
SNN
SMITH & NEPHEW PLC
$10.87B5.00%2.60%5.47%6.50%0.911.7868.80%4.70%7.60%
HAE
HAEMONETICS CORP
$4.79B14.40%6.20%8.78%11.40%1.332.9252.90%10.00%13.40%
ELV
ELEVANCE HEALTH INC
$122.47B16.00%5.70%13.45%18.80%1.751.3817.50%3.60%5.29%
ATRI
ATRION CORP
$730.24M8.10%7.40%9.07%9.50%0.079.0936.80%11.50%13.30%
SYK
STRYKER CORP
$125.12B18.40%8.70%12.07%17.60%1.061.7163.80%16.00%18.69%
SHC
SOTERA HEALTH CO
$3.12B13.10%1.80%9.20%7.80%6.133.2055.00%5.10%24.83%
THC
TENET HEALTHCARE CORP
$11.75B133.10%9.40%19.11%18.30%6.151.44100.00%12.50%21.47%
STVN
STEVANATO GROUP SPA
$7.82B13.50%7.70%14.76%15.30%0.831.5031.30%13.40%20.35%
AKLI
AKILI INC
$31.56M-78.50%-58.10%-84.67%-166.80%0.376.0251.20%-3,545.50%-3,401.79%
SIBN
SI-BONE INC
$583.12M-28.20%-20.50%-19.27%-22.70%0.369.0178.80%-31.20%-28.71%
IMMP
IMMUTEP LTD
$335.25M-42.10%-38.60%-34.53%-1,232.30%0.0717.24100.00%-602.00%-601.76%
FORA
FORIAN INC
$84.06M47.20%19.40%23.11%17.10%1.258.3873.30%54.20%58.72%
VYNE
VYNE THERAPEUTICS INC
$36.94M-79.10%-64.20%-31.56%-217.40%0.1012.73100.00%-6,710.40%-6,710.38%
NSPR
INSPIREMD INC
$46.91M-55.70%-46.50%-47.69%-68.30%0.217.3429.10%-321.00%-319.92%
RDY
DR REDDYS LABORATORIES LTD
$12.52B21.40%14.70%26.18%31.30%0.392.4156.70%18.30%25.13%
AXNX
AXONICS INC
$3.43B-2.60%-2.30%-2.09%-4.40%0.149.9675.20%-4.10%-3.60%
VTGN
VISTAGEN THERAPEUTICS INC
$121.61M-72.10%-61.30%-25.27%-922.40%0.0630.76100.00%-3,076.60%-3,076.34%
PRTA
PROTHENA CORP PUBLIC LTD CO
$1.23B-24.80%-20.20%-25.09%-963.10%0.2411.24100.00%-160.90%-175.64%
QTRX
QUANTERIX CORP
$647.84M-9.20%-7.60%-12.28%-28.00%0.239.8457.70%-26.40%-38.78%
RNA
AVIDITY BIOSCIENCES INC
$2.11B-39.70%-35.00%-38.74%-50.00%0.267.58100.00%-2,219.90%-2,219.87%
CRON
CRONOS GROUP INC
$1.02B-6.60%-6.40%-11.69%-22.10%0.0422.5413.70%-84.80%-147.21%
CLGN
COLLPLANT BIOTECHNOLOGIES LTD
$68.14M-22.20%-18.80%-24.33%-66.60%0.208.6281.80%-64.00%-68.55%
SGHT
SIGHT SCIENCES INC
$295.34M-41.90%-30.60%-32.40%-100.20%0.3913.2985.30%-68.50%-61.72%
DBVT
DBV TECHNOLOGIES SA
$128.64M-46.40%-35.30%-49.93%-670.90%0.314.26100.00%-462.40%-462.35%
IDYA
IDEAYA BIOSCIENCES INC
$3.14B-23.00%-21.80%-18.15%-30.20%0.0519.65100.00%-483.00%-483.05%
ARCT
ARCTURUS THERAPEUTICS HOLDINGS INC
$733.98M-10.10%-6.60%-12.80%-105.70%0.544.72100.00%-17.80%-26.67%
ORMP
ORAMED PHARMACEUTICALS INC
$95.22M3.60%2.90%4.52%4.20%0.353.06100.00%412.30%564.33%
GNFT
GENFIT SA
$182.40M-35.60%-14.80%-16.91%-30.40%1.562.94100.00%-75.70%-59.99%
MASS
908 DEVICES INC
$194.84M-20.90%-17.10%-20.10%-67.30%0.218.3751.10%-68.60%-67.54%
INM
INMED PHARMACEUTICALS INC
$1.47M-54.30%-46.20%-46.76%-379.90%0.197.0338.40%-115.80%-115.69%
INSP
INSPIRE MEDICAL SYSTEMS INC
$7.39B-3.90%-3.40%-3.32%-9.00%0.187.6084.50%-3.40%-3.19%
MDWD
MEDIWOUND LTD
$171.99M-20.20%-10.10%-8.34%-11.80%1.104.5919.10%-35.90%-24.83%
LPCN
LIPOCINE INC
$24.88M-63.30%-58.30%-80.27%-76.90%0.138.69100.00%573.60%573.57%
HYPR
HYPERFINE INC
$57.56M-44.90%-41.00%-51.78%-471.60%0.1210.1443.10%-401.00%-401.00%
ALGS
ALIGOS THERAPEUTICS INC
$61.29M-116.40%-75.40%-69.05%-1,017.50%0.655.90100.00%-564.60%-567.50%
RPID
RAPID MICRO BIOSYSTEMS INC
$38.15M-42.30%-35.70%-50.00%-50.20%0.216.93-22.60%-224.70%-242.76%
KZR
KEZAR LIFE SCIENCES INC
$62.39M-45.90%-40.00%-49.30%-44.10%0.1811.66100.00%-1,455.30%-1,433.14%
AGIO
AGIOS PHARMACEUTICALS INC
$1.96B-41.40%-36.40%-44.19%-39.30%0.1412.8490.00%-1,199.30%-1,199.26%
ITCI
INTRA-CELLULAR THERAPIES INC
$6.66B-23.00%-19.40%-22.99%-26.70%0.235.4192.70%-30.10%-29.94%
XCUR
EXICURE INC
$4.33M34.50%13.10%20.31%25.00%0.812.56100.00%12.90%13.76%
ACCD
ACCOLADE INC
$590.81M-22.50%-12.10%-15.36%-37.00%0.772.6446.40%-24.10%-25.23%
ALKS
ALKERMES PLC
$4.07B34.10%19.90%22.49%26.30%0.693.2085.30%25.20%21.69%
OSCR
OSCAR HEALTH INC
$4.14B-30.10%-6.80%-20.71%68.20%3.481.266.70%-4.60%-4.14%
PTGX
PROTAGONIST THERAPEUTICS INC
$1.52B-27.50%-25.30%-23.45%-83.60%0.0616.71100.00%-131.60%-131.59%
LEGN
LEGEND BIOTECH CORP
$8.26B-44.60%-30.40%-30.53%-73.10%0.486.9249.40%-181.80%-174.76%
DHR
DANAHER CORP
$183.97B8.30%5.20%7.07%19.20%0.561.8558.40%19.50%23.73%
NVO
NOVO NORDISK A S
$554.96B91.80%29.90%84.19%133.20%2.020.7084.60%36.60%45.95%
EHC
ENCOMPASS HEALTH CORP
$8.38B30.40%8.10%13.86%11.60%2.201.3725.20%9.90%15.52%
ITGR
INTEGER HOLDINGS CORP
$3.73B6.60%3.30%5.72%8.40%1.043.3226.40%6.00%10.22%
MEDP
MEDPACE HOLDINGS INC
$12.16B59.70%19.70%42.66%-710.00%1.670.7828.00%15.90%18.24%
ANIX
ANIXA BIOSCIENCES INC
$93.79M-42.40%-40.90%-45.31%-48.80%0.0715.1923.30%-5,116.20%-5,116.19%
ZYME
ZYMEWORKS INC
$650.48M-28.40%-22.00%-25.73%-33.40%0.266.92100.00%-249.60%-253.36%
NUTX
NUTEX HEALTH INC
$33.79M-54.40%-10.50%-10.16%-5.70%5.191.5614.00%-18.50%-13.95%

Healthcare Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
681+1.07%+6.00%-2.53%-18.30%6.05x6.01x+14.40%+2.29%-33.91%+80.46%Strong Buy
66+0.85%+0.70%-4.26%-0.73%38.44x4.21x-23.57%+6.35%+11.16%+10.51%Buy
17+0.84%+2.91%-0.54%+12.68%148.07x6.24x+33.79%+8.12%+14.24%+13.81%Buy
90-0.21%+4.09%+0.45%-3.63%33.76x2.15x+11.91%+3.10%+5.65%+32.15%Strong Buy
12+0.01%-1.01%-0.15%-0.05%19.70x2.90x+19.64%+6.04%+14.10%+17.24%Buy
61+0.46%+1.33%-3.77%-22.81%75.59x3.24x+6.63%+2.09%+5.13%+34.77%Buy
51+0.10%+2.08%-4.18%+7.39%-7.32x4.34x-93.77%+6.64%+13.89%+17.87%Buy
154+0.93%+3.67%-0.50%-12.74%27.79x3.71x+10.38%+5.26%+7.71%+19.09%Buy
9-1.40%-4.69%-6.08%+30.95%26.17x109.10x-8.59%+3.48%+18.93%+10.93%Buy
56+0.43%+1.57%-1.02%-12.24%56.77x3.54x+11.45%+7.81%+10.28%+19.60%Buy

Healthcare Stocks FAQ

What are the best healthcare stocks to buy right now in May 2024?

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

1. Cross Country Healthcare (NASDAQ:CCRN)


Cross Country Healthcare (NASDAQ:CCRN) is the top healthcare stock with a Zen Score of 70, which is 45 points higher than the healthcare sector average of 25. It passed 22 out of 33 due diligence checks and has strong fundamentals. Cross Country Healthcare has seen its stock lose -22.25% over the past year, underperforming other healthcare stocks by -14 percentage points.

Cross Country Healthcare has an average 1 year price target of $20.25, an upside of 21.48% from Cross Country Healthcare's current stock price of $16.67.

Cross Country Healthcare stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Cross Country Healthcare, 25% have issued a Strong Buy rating, 25% have issued a Buy, 50% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Semler Scientific (NASDAQ:SMLR)


Semler Scientific (NASDAQ:SMLR) is the second best healthcare stock with a Zen Score of 68, which is 43 points higher than the healthcare sector average of 25. It passed 21 out of 33 due diligence checks and has strong fundamentals. Semler Scientific has seen its stock return 1.39% over the past year, overperforming other healthcare stocks by 10 percentage points.

3. Progyny (NASDAQ:PGNY)


Progyny (NASDAQ:PGNY) is the third best healthcare stock with a Zen Score of 67, which is 42 points higher than the healthcare sector average of 25. It passed 22 out of 33 due diligence checks and has strong fundamentals. Progyny has seen its stock lose -6.98% over the past year, overperforming other healthcare stocks by 1 percentage points.

Progyny has an average 1 year price target of $47.00, an upside of 48.17% from Progyny's current stock price of $31.72.

Progyny stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Progyny, 75% have issued a Strong Buy rating, 25% have issued a Buy, 0% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the healthcare stocks with highest dividends?

Out of 72 healthcare stocks that have issued dividends in the past year, the 3 healthcare stocks with the highest dividend yields are:

1. Mei Pharma (NASDAQ:MEIP)


Mei Pharma (NASDAQ:MEIP) has an annual dividend yield of 57.19%, which is 54 percentage points higher than the healthcare sector average of 2.79%.

Mei Pharma's dividend payout ratio of 58.9% indicates that its high dividend yield is sustainable for the long-term.

2. Siga Technologies (NASDAQ:SIGA)


Siga Technologies (NASDAQ:SIGA) has an annual dividend yield of 10.34%, which is 8 percentage points higher than the healthcare sector average of 2.79%.

Siga Technologies's dividend payout ratio of 47.4% indicates that its high dividend yield is sustainable for the long-term.

3. Spok Holdings (NASDAQ:SPOK)


Spok Holdings (NASDAQ:SPOK) has an annual dividend yield of 8.69%, which is 6 percentage points higher than the healthcare sector average of 2.79%. Spok Holdings's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Spok Holdings's dividend has shown consistent growth over the last 10 years.

Spok Holdings's dividend payout ratio of 148.8% indicates that its high dividend yield might not be sustainable for the long-term.

Why are healthcare stocks up?

Healthcare stocks were up 0.65% in the last day, and up 2.85% over the last week. Twist Bioscience was the among the top gainers in the healthcare sector, gaining 28.74% yesterday.

Twist Bioscience shares are trading higher after the company reported better-than-expected Q2 financial results.

What are the most undervalued healthcare stocks?

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

1. Inmode (NASDAQ:INMD)


Inmode (NASDAQ:INMD) is the most undervalued healthcare stock based on WallStreetZen's Valuation Score. Inmode has a valuation score of 100, which is 84 points higher than the healthcare sector average of 16. It passed 7 out of 7 valuation due diligence checks.

Inmode's stock has dropped -47.67% in the past year. It has underperformed other stocks in the healthcare sector by -39 percentage points.

2. Pacira Biosciences (NASDAQ:PCRX)


Pacira Biosciences (NASDAQ:PCRX) is the second most undervalued healthcare stock based on WallStreetZen's Valuation Score. Pacira Biosciences has a valuation score of 100, which is 84 points higher than the healthcare sector average of 16. It passed 7 out of 7 valuation due diligence checks.

Pacira Biosciences's stock has dropped -36.9% in the past year. It has underperformed other stocks in the healthcare sector by -28 percentage points.

3. Semler Scientific (NASDAQ:SMLR)


Semler Scientific (NASDAQ:SMLR) is the third most undervalued healthcare stock based on WallStreetZen's Valuation Score. Semler Scientific has a valuation score of 100, which is 84 points higher than the healthcare sector average of 16. It passed 7 out of 7 valuation due diligence checks.

Semler Scientific's stock has gained 1.39% in the past year. It has overperformed other stocks in the healthcare sector by 10 percentage points.

Are healthcare stocks a good buy now?

48.04% of healthcare stocks rated by analysts are a strong buy right now. On average, analysts expect healthcare stocks to rise by 35.99% 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 68.89x.
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.