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 healthcare stocks to buy right now are:
1. Ironwood Pharmaceuticals (NASDAQ:IRWD)
The Component Grade breakdown for Ironwood Pharmaceuticals (NASDAQ:IRWD) is: Value: A, Growth: B, Momentum: A, Sentiment: A, Safety: C, Financials: A, and AI: C.
Ironwood Pharmaceuticals (NASDAQ:IRWD) has a Due Diligence Score of 40, which is 14 points higher than the healthcare sector average of 26. It passed 13 out of 33 due diligence checks and has average fundamentals. Ironwood Pharmaceuticals has seen its stock return 112.61% over the past year, overperforming other healthcare stocks by 162 percentage points.
Ironwood Pharmaceuticals has an average 1 year
price target of $6.50, an upside of 32.92% from Ironwood Pharmaceuticals's current stock price of $4.89.
Ironwood Pharmaceuticals stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Ironwood Pharmaceuticals, 0% have issued a Strong Buy rating, 50% have issued a Buy, 50% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Varex Imaging (NASDAQ:VREX)
The Component Grade breakdown for Varex Imaging (NASDAQ:VREX) is: Value: B, Growth: A, Momentum: C, Sentiment: A, Safety: B, Financials: B, and AI: C.
Varex Imaging (NASDAQ:VREX) has a Due Diligence Score of 20, which is -6 points lower than the healthcare sector average of 26. Although this number is below the industry average, our proven quant model rates VREX as a "A".It passed 6 out of 33 due diligence checks and has weak fundamentals. Varex Imaging has seen its stock lose -0.36% over the past year, overperforming other healthcare stocks by 49 percentage points.
Varex Imaging has an average 1 year
price target of $16.67, an upside of 19.56% from Varex Imaging's current stock price of $13.94.
Varex Imaging stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Varex Imaging, 66.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Tactile Systems Technology (NASDAQ:TCMD)
The Component Grade breakdown for Tactile Systems Technology (NASDAQ:TCMD) is: Value: B, Growth: B, Momentum: B, Sentiment: A, Safety: C, Financials: A, and AI: C.
Tactile Systems Technology (NASDAQ:TCMD) has a Due Diligence Score of 50, which is 24 points higher than the healthcare sector average of 26. It passed 16 out of 33 due diligence checks and has strong fundamentals. Tactile Systems Technology has seen its stock return 60.69% over the past year, overperforming other healthcare stocks by 110 percentage points.
Tactile Systems Technology has an average 1 year
price target of $27.00, a downside of -6.44% from Tactile Systems Technology's current stock price of $28.86.
Tactile Systems Technology stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Tactile Systems Technology, 75% have issued a Strong Buy rating, 0% have issued a Buy, 25% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.