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

Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	Graham Fair Value	Graham Fair Value %	P/E	Forward P/E	P/S	P/B	PEG	Free Cash Flow	Free Cash Flow Yield	Book Value	BVPS	EV	EV/EBITDA
AXSM	AXSOME THERAPEUTICS INC	$74.80	N/A	N/A	-14.19x	141.13x	12.56x	18.56x	N/A	-$145.66M	-4.29%	$190.98M	4.20	$3.34B	-14.96
EHC	ENCOMPASS HEALTH CORP	$83.21	N/A	N/A	22.19x	23.77x	1.68x	4.81x	N/A	$235.80M	2.84%	$1.74B	17.45	$11.12B	10.60
TLRY	TILRAY BRANDS INC	$2.10	N/A	N/A	-4.77x	-13.13x	2.13x	0.48x	N/A	-$46.66M	-2.95%	$3.36B	4.45	$1.96B	-10.51
HQY	HEALTHEQUITY INC	$78.55	$22.54	248.44%	120.85x	44.38x	6.72x	3.33x	1.45x	$200.01M	2.98%	$2.04B	23.78	$7.30B	25.73
ARGX	ARGENX SE	$388.20	N/A	N/A	-69.21x	-121.31x	574.26x	5.16x	N/A	-$457.76M	-2.06%	$4.45B	77.91	$20.77B	-99.40
MRUS	MERUS NV	$48.36	N/A	N/A	-16.12x	-19.74x	56.76x	7.85x	N/A	-$146.19M	-5.86%	$356.34M	6.91	$2.61B	-15.92
MHUA	MEIHUA INTERNATIONAL MEDICAL TECHNOLOGIES CO LTD	$0.68	N/A	N/A	1.39x	N/A	0.17x	0.11x	N/A	$2.15M	13.18%	$146.33M	6.11	$6.76M	0.43
SLGL	SOL-GEL TECHNOLOGIES LTD	$0.85	N/A	N/A	-0.84x	-1.89x	14.91x	0.61x	N/A	-$17.79M	-77.29%	$38.64M	1.43	$7.81M	-0.29
COO	COOPER COMPANIES INC	$90.64	$43.58	107.99%	61.87x	22.01x	4.91x	2.34x	0.89x	$136.00M	0.76%	$7.70B	38.79	$20.65B	22.10
FUSN	FUSION PHARMACEUTICALS INC	$21.45	N/A	N/A	-14.79x	-13.66x	670.31x	8.17x	N/A	-$85.69M	-6.09%	$222.48M	3.39	$1.80B	-21.21
FATE	FATE THERAPEUTICS INC	$4.06	N/A	N/A	-2.48x	-0.93x	6.28x	1.09x	N/A	-$138.42M	-34.66%	$368.42M	3.74	$449.39M	-3.15
ACIU	AC IMMUNE SA	$2.39	N/A	N/A	-3.29x	-7.24x	14.06x	1.30x	N/A	-$70.03M	-29.54%	$182.55M	1.84	$151.86M	-2.58
XBIO	XENETIC BIOSCIENCES INC	$4.27	N/A	N/A	-1.58x	-0.84x	2.57x	0.67x	N/A	-$4.11M	-63.04%	$9.80M	6.41	-$2.40M	0.58
ZOM	ZOMEDICA CORP	$0.15	N/A	N/A	-4.14x	N/A	5.58x	0.59x	N/A	-$27.31M	-19.31%	$240.02M	0.25	$131.87M	-3.88
RXST	RXSIGHT INC	$61.68	N/A	N/A	-43.74x	-26.03x	23.86x	14.23x	N/A	-$46.41M	-2.18%	$160.36M	4.65	$2.27B	-55.41
MRK	MERCK & CO INC	$127.51	$16.76	660.75%	910.79x	14.67x	5.38x	8.59x	2.79x	$9.14B	2.83%	$37.58B	14.81	$351.15B	50.93
AGL	AGILON HEALTH INC	$4.83	N/A	N/A	-7.55x	13.80x	0.46x	2.99x	N/A	-$172.03M	-8.72%	$661.84M	1.62	$1.90B	-8.10
CVRX	CVRX INC	$9.22	N/A	N/A	-4.63x	-4.61x	4.87x	2.54x	N/A	-$39.61M	-20.70%	$75.95M	3.66	$132.77M	-3.43
DCPH	DECIPHERA PHARMACEUTICALS INC	$25.38	N/A	N/A	-11.08x	-15.11x	13.22x	5.84x	N/A	-$147.48M	-6.83%	$350.92M	4.13	$1.99B	-10.61
ZVRA	ZEVRA THERAPEUTICS INC	$4.81	N/A	N/A	-3.70x	160.33x	6.21x	3.38x	N/A	-$33.83M	-19.83%	$61.86M	1.75	$209.60M	-4.81
VERV	VERVE THERAPEUTICS INC	$6.41	N/A	N/A	-2.05x	-2.16x	35.03x	0.89x	N/A	-$158.83M	-38.61%	$599.50M	9.34	$389.76M	-2.08
LH	LABORATORY CORP OF AMERICA HOLDINGS	$201.32	$230.88	-12.80%	39.47x	10.08x	1.38x	2.13x	0.35x	$683.20M	4.03%	$7.96B	94.43	$22.84B	14.71
MRKR	MARKER THERAPEUTICS INC	$4.22	N/A	N/A	-4.49x	-0.59x	11.22x	2.67x	N/A	-$16.44M	-44.22%	$14.05M	1.60	$22.46M	-2.73
CLNN	CLENE INC	$0.44	N/A	N/A	-0.93x	7.25x	72.50x	4.17x	N/A	-$30.50M	-66.90%	$13.39M	0.13	$59.15M	-1.38
JANX	JANUX THERAPEUTICS INC	$64.78	N/A	N/A	-49.08x	-24.73x	352.07x	9.72x	N/A	-$52.43M	-1.84%	$344.35M	7.82	$3.35B	-59.48
AMS	AMERICAN SHARED HOSPITAL SERVICES	$2.97	N/A	N/A	29.70x	N/A	0.89x	0.83x	N/A	-$555.00k	-2.93%	$22.62M	3.56	$20.67M	2.84
AMGN	AMGEN INC	$311.29	$146.38	112.66%	44.22x	14.84x	5.65x	33.25x	1.01x	$7.10B	4.25%	$5.02B	9.37	$221.30B	18.33
MASI	MASIMO CORP	$137.00	$85.77	59.73%	88.96x	23.03x	3.53x	5.31x	0.62x	$50.10M	0.69%	$1.36B	25.85	$7.96B	42.69
FLGT	FULGENT GENETICS INC	$21.50	N/A	N/A	-3.86x	-27.92x	2.23x	0.57x	N/A	$18.78M	2.93%	$1.13B	37.96	$589.11M	-4.62
WAT	WATERS CORP	$321.25	$161.41	99.02%	29.55x	22.03x	6.42x	16.53x	1.11x	$442.18M	2.33%	$1.15B	19.47	$21.07B	21.04
IGMS	IGM BIOSCIENCES INC	$10.07	N/A	N/A	-2.14x	-1.98x	245.61x	2.91x	N/A	-$204.61M	-38.84%	$203.23M	3.89	$519.37M	-2.24
AEMD	AETHLON MEDICAL INC	$1.39	N/A	N/A	-0.27x	2.32x	6.10x	0.48x	N/A	-$10.77M	-307.84%	$7.61M	3.03	-$3.73M	0.31
TRAW	TRAWS PHARMA INC	$0.64	N/A	N/A	-0.71x	-0.58x	57.82x	1.25x	N/A	-$17.95M	-134.43%	$10.67M	0.51	-$7.44M	0.39
MTD	METTLER TOLEDO INTERNATIONAL INC	$1,251.95	$534.83	134.09%	34.68x	25.88x	7.22x	-179.34x	1.30x	$861.39M	3.15%	-$149.94M	-6.86	$28.90B	24.65
NYXH	NYXOAH SA	$9.76	N/A	N/A	-5.81x	-5.71x	59.15x	2.63x	N/A	-$60.59M	-21.65%	$106.55M	3.72	$270.18M	-6.44
PROC	PROCAPS GROUP SA	$2.82	N/A	N/A	5.42x	N/A	0.77x	8.08x	N/A	$46.07M	14.47%	$39.39M	0.35	$594.65M	7.87
CALT	CALLIDITAS THERAPEUTICS AB	$20.00	N/A	N/A	-12.52x	3.26x	5.37x	19.36x	N/A	-$41.13M	-6.91%	$30.77M	1.03	$595.14M	-18.90
ITOS	ITEOS THERAPEUTICS INC	$11.66	N/A	N/A	-3.70x	-1.81x	33.13x	0.73x	N/A	-$106.72M	-25.59%	$575.23M	16.08	$172.54M	-1.60
BRNS	BARINTHUS BIOTHERAPEUTICS PLC	$2.18	N/A	N/A	-1.14x	-0.82x	103.81x	0.45x	N/A	-$56.34M	-67.34%	$186.78M	4.87	-$44.27M	0.64
SERA	SERA PROGNOSTICS INC	$10.85	N/A	N/A	-9.35x	N/A	1,085.00x	5.01x	N/A	-$27.01M	-7.98%	$70.16M	2.25	$349.22M	-10.05
SPRY	ARS PHARMACEUTICALS INC	$9.75	N/A	N/A	-17.11x	-5.77x	N/A	4.08x	N/A	-$59.44M	-6.40%	$230.76M	2.42	$870.19M	-16.03
TOI	ONCOLOGY INSTITUTE INC	$1.07	N/A	N/A	-1.16x	N/A	0.24x	1.39x	N/A	-$40.88M	-51.78%	$57.03M	0.77	$165.70M	-3.00
RVMD	REVOLUTION MEDICINES INC	$40.20	N/A	N/A	-10.41x	-11.52x	394.12x	3.63x	N/A	-$358.30M	-7.88%	$1.83B	16.14	$6.01B	-13.97
CSTL	CASTLE BIOSCIENCES INC	$24.33	N/A	N/A	-21.34x	-11.21x	2.67x	1.67x	N/A	-$6.44M	-0.96%	$402.46M	14.64	$613.79M	-34.36
HCSG	HEALTHCARE SERVICES GROUP INC	$10.82	N/A	N/A	18.98x	N/A	0.48x	1.68x	N/A	$27.25M	3.41%	$474.58M	6.42	$793.46M	10.03
SPRB	SPRUCE BIOSCIENCES INC	$0.74	N/A	N/A	-0.60x	-0.65x	2.84x	0.40x	N/A	-$33.28M	-116.13%	$76.51M	1.99	-$61.37M	1.30
EYPT	EYEPOINT PHARMACEUTICALS INC	$19.74	N/A	N/A	-10.85x	N/A	16.69x	3.69x	N/A	-$1.61M	-0.21%	$266.32M	6.85	$707.15M	-10.25
TECH	BIO-TECHNE CORP	$77.29	$22.21	247.94%	54.82x	32.07x	10.63x	6.19x	1.87x	$225.39M	1.85%	$1.96B	12.46	$12.57B	33.72
NNOX	NANO-X IMAGING LTD	$9.35	N/A	N/A	-8.65x	-11.98x	53.10x	2.76x	N/A	-$48.08M	-9.13%	$195.51M	3.47	$491.91M	-9.65
ALT	ALTIMMUNE INC	$7.30	N/A	N/A	-4.40x	-3.09x	912.50x	2.67x	N/A	-$75.86M	-19.52%	$194.10M	3.65	$382.38M	-4.35
RCEL	AVITA MEDICAL INC	$8.75	N/A	N/A	-6.25x	-4.76x	4.30x	4.59x	N/A	-$39.39M	-17.77%	$49.06M	1.94	$244.33M	-7.45
RYTM	RHYTHM PHARMACEUTICALS INC	$43.76	N/A	N/A	-13.68x	-21.45x	32.58x	15.50x	N/A	-$136.20M	-5.40%	$169.76M	2.94	$2.57B	-15.27
PRE	PRENETICS GLOBAL LTD	$5.23	N/A	N/A	-0.94x	-8.72x	2.94x	0.31x	N/A	-$13.43M	-21.05%	$206.36M	16.91	$20.50M	-0.37
TMDX	TRANSMEDICS GROUP INC	$127.99	N/A	N/A	-399.97x	-180.27x	14.12x	26.44x	N/A	-$202.89M	-4.84%	$159.47M	4.87	$4.38B	312.76
OTRK	ONTRAK INC	$0.24	N/A	N/A	-0.07x	N/A	0.21x	0.79x	N/A	-$15.78M	-599.15%	$14.27M	1.28	$3.24M	-0.22
SBFM	SUNSHINE BIOPHARMA INC	$0.84	N/A	N/A	-0.04x	N/A	0.01x	0.04x	N/A	-$8.73M	-4,269.05%	$21.21M	87.16	-$14.80M	3.87
CDIO	CARDIO DIAGNOSTICS HOLDINGS INC	$0.77	N/A	N/A	-1.16x	N/A	767.00x	5.60x	N/A	-$6.25M	-64.28%	$2.96M	0.23	$16.53M	-10.80
TXG	10X GENOMICS INC	$27.48	N/A	N/A	-12.32x	-124.91x	5.25x	4.58x	N/A	-$73.75M	-2.25%	$718.83M	6.02	$3.03B	-14.38
IART	INTEGRA LIFESCIENCES HOLDINGS CORP	$28.89	$27.15	6.42%	33.99x	7.64x	1.50x	1.42x	0.45x	$73.09M	3.16%	$1.59B	19.83	$3.67B	14.20
BGNE	BEIGENE LTD	$162.25	N/A	N/A	-249.62x	-24.25x	6.89x	4.80x	N/A	-$1.72B	-10.15%	$3.54B	33.90	$14.73B	-18.14
PLRX	PLIANT THERAPEUTICS INC	$13.98	N/A	N/A	-5.08x	-3.92x	517.78x	1.78x	N/A	-$117.28M	-14.28%	$473.58M	8.07	$788.80M	-5.06
INNV	INNOVAGE HOLDING CORP	$4.04	N/A	N/A	-16.83x	11.54x	0.76x	1.92x	N/A	-$12.93M	-2.35%	$285.50M	2.10	$607.39M	-47.00
IQV	IQVIA HOLDINGS INC	$223.37	$118.63	88.29%	30.10x	18.40x	2.70x	6.42x	1.00x	$1.62B	4.00%	$6.34B	34.88	$52.99B	16.21
SAGE	SAGE THERAPEUTICS INC	$13.94	N/A	N/A	-1.66x	-2.42x	9.21x	1.19x	N/A	-$425.06M	-50.70%	$705.80M	11.74	$666.76M	-1.33
LXRX	LEXICON PHARMACEUTICALS INC	$1.74	N/A	N/A	-2.10x	-174.00x	193.33x	1.48x	N/A	-$185.64M	-43.45%	$288.87M	1.18	$436.91M	-2.47
IMCR	IMMUNOCORE HOLDINGS PLC	$60.23	N/A	N/A	-53.30x	-25.96x	11.81x	8.14x	N/A	-$2.49M	-0.08%	$368.84M	7.55	$2.64B	-52.84
VCYT	VERACYTE INC	$20.35	N/A	N/A	-19.95x	-96.90x	4.09x	1.46x	N/A	$34.26M	2.32%	$1.04B	14.37	$1.32B	-29.23
ZLAB	ZAI LAB LTD	$16.25	N/A	N/A	-4.64x	-232.14x	5.89x	2.03x	N/A	-$191.38M	-12.18%	$796.12M	8.24	$837.14M	-2.64
OCS	OCULIS HOLDING AG	$12.80	N/A	N/A	-3.88x	N/A	474.07x	4.50x	N/A	-$59.88M	-12.76%	$104.14M	2.84	$427.20M	-4.41
VRDN	VIRIDIAN THERAPEUTICS INC	$15.40	N/A	N/A	-2.90x	-4.36x	2,200.00x	2.19x	N/A	-$185.07M	-26.85%	$442.02M	9.88	$884.00M	-3.76
EDAP	EDAP TMS SA	$7.14	N/A	N/A	-11.52x	64.91x	4.02x	4.28x	N/A	-$20.62M	-7.82%	$61.87M	1.67	$226.83M	-10.59
CMRX	CHIMERIX INC	$0.95	N/A	N/A	-1.01x	-1.70x	N/A	0.49x	N/A	-$64.43M	-75.76%	$174.10M	1.95	$67.40M	-0.82
APRE	APREA THERAPEUTICS INC	$5.35	N/A	N/A	-1.35x	-0.26x	33.23x	1.71x	N/A	-$12.27M	-63.40%	$16.95M	4.69	$7.40M	-0.48
QSI	QUANTUM-SI INC	$1.84	N/A	N/A	-2.71x	N/A	230.00x	0.96x	N/A	-$99.31M	-38.21%	$271.62M	1.92	$142.30M	-1.57
IFRX	INFLARX NV	$1.38	N/A	N/A	-1.63x	-1.45x	1,380.00x	0.73x	N/A	-$41.19M	-54.35%	$111.50M	2.03	$68.60M	-1.50
IMTX	IMMATICS NV	$10.77	N/A	N/A	-8.26x	-6.65x	15.54x	3.73x	N/A	-$13.50M	-1.49%	$244.66M	2.89	$691.04M	-7.08
MREO	MEREO BIOPHARMA GROUP PLC	$3.26	N/A	N/A	-16.30x	-8.36x	42.89x	9.05x	N/A	-$21.13M	-4.91%	$50.54M	0.38	$405.77M	-14.84
KRRO	KORRO BIO INC	$58.24	N/A	N/A	-1.10x	-0.40x	N/A	2.75x	N/A	-$75.12M	-84.34%	$169.91M	111.10	$330.69M	-4.47
AXGN	AXOGEN INC	$5.79	N/A	N/A	-11.58x	-11.35x	1.53x	2.72x	N/A	-$21.05M	-8.41%	$93.16M	2.16	$303.41M	-30.56
RGEN	REPLIGEN CORP	$167.05	$29.43	467.69%	596.61x	38.31x	15.34x	4.74x	2.10x	$109.54M	1.18%	$1.97B	35.32	$9.29B	87.36
BEAM	BEAM THERAPEUTICS INC	$23.13	N/A	N/A	-13.45x	-3.80x	4.72x	1.92x	N/A	-$182.93M	-10.25%	$981.33M	12.72	$1.62B	-14.55
OPRX	OPTIMIZERX CORP	$10.62	N/A	N/A	-10.31x	-81.69x	2.54x	1.53x	N/A	-$8.10M	-4.45%	$126.55M	7.39	$216.08M	-10.14
PSNL	PERSONALIS INC	$1.54	N/A	N/A	-0.68x	-0.70x	1.01x	0.60x	N/A	-$67.17M	-90.52%	$129.44M	2.69	$59.11M	-0.62
NRBO	NEUROBO PHARMACEUTICALS INC	$3.78	N/A	N/A	-1.54x	N/A	N/A	1.11x	N/A	-$10.85M	-56.59%	$16.69M	3.29	-$3.69M	0.30
ALHC	ALIGNMENT HEALTHCARE INC	$6.63	N/A	N/A	-7.89x	-9.90x	0.62x	9.68x	N/A	-$190.37M	-15.19%	$130.93M	0.69	$1.20B	-10.82
CASI	CASI PHARMACEUTICALS INC	$2.80	N/A	N/A	-1.38x	25.41x	1.10x	1.55x	N/A	-$22.21M	-59.46%	$24.17M	1.81	$39.20M	-1.76
LQDA	LIQUIDIA CORP	$12.79	N/A	N/A	-10.57x	-30.45x	47.55x	20.56x	N/A	-$42.85M	-5.15%	$47.29M	0.73	$938.25M	-13.47
LUNG	PULMONX CORP	$9.82	N/A	N/A	-6.38x	-9.92x	5.20x	3.45x	N/A	-$37.96M	-10.00%	$110.50M	2.86	$351.35M	-6.99
PRPO	PRECIPIO INC	$5.80	N/A	N/A	-1.29x	N/A	0.50x	0.57x	N/A	-$3.69M	-48.95%	$14.43M	11.12	$7.91M	-1.83
CTKB	CYTEK BIOSCIENCES INC	$6.22	N/A	N/A	-69.11x	28.27x	4.36x	2.07x	N/A	$454.00k	0.05%	$393.06M	2.91	$657.22M	-149.10
SRDX	SURMODICS INC	$32.49	$9.61	238.15%	33.84x	-295.36x	3.22x	3.74x	2.62x	$22.56M	4.91%	$123.95M	8.76	$459.76M	15.16
GRFS	GRIFOLS SA	$6.57	$29.82	-77.97%	67.73x	5.81x	0.64x	0.72x	0.08x	-$313.17M	-6.94%	$6.27B	9.11	$15.84B	12.90
ACB	AURORA CANNABIS INC	$6.74	N/A	N/A	-1.70x	-2.81x	1.61x	0.83x	N/A	-$55.82M	-17.40%	$385.41M	8.10	$244.90M	-3.70
YMAB	Y-MABS THERAPEUTICS INC	$17.15	N/A	N/A	-35.00x	-12.08x	8.83x	7.43x	N/A	-$27.23M	-3.64%	$100.99M	2.31	$673.56M	-27.01
BLUE	BLUEBIRD BIO INC	$0.90	N/A	N/A	-1.50x	-0.41x	4.52x	0.44x	N/A	-$85.64M	-87.22%	$222.54M	2.04	$236.76M	-2.49
EMBC	EMBECTA CORP	$10.15	$39.03	-74.00%	10.57x	3.86x	0.52x	-0.74x	0.11x	-$30.30M	-5.18%	-$793.50M	-13.78	$1.92B	9.26
ELMD	ELECTROMED INC	$18.50	$4.42	318.33%	39.36x	N/A	3.06x	3.95x	3.51x	$3.73M	2.36%	$40.34M	4.72	$148.76M	24.75
SILK	SILK ROAD MEDICAL INC	$20.28	N/A	N/A	-14.08x	-17.04x	4.44x	5.26x	N/A	-$33.52M	-4.26%	$151.15M	3.90	$849.88M	-18.85
HLTH	CUE HEALTH INC	$0.14	N/A	N/A	-0.06x	-0.08x	0.30x	0.09x	N/A	-$157.61M	-736.43%	$250.25M	1.64	-$11.56M	0.04
CRBU	CARIBOU BIOSCIENCES INC	$3.77	N/A	N/A	-2.73x	-1.41x	8.07x	0.92x	N/A	-$104.90M	-37.69%	$368.40M	4.99	$316.43M	-3.29

Healthcare Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Biotechnology	681	+1.07%	+6.00%	-2.53%	-18.30%	6.05x	6.01x	+14.40%	+2.29%	-33.91%	+80.46%	Strong Buy
Diagnostics & Research	66	+0.85%	+0.70%	-4.26%	-0.73%	38.44x	4.21x	-23.57%	+6.35%	+11.16%	+10.51%	Buy
Drug Manufacturers - General	17	+0.84%	+2.91%	-0.54%	+12.68%	148.07x	6.24x	+33.79%	+8.12%	+14.24%	+13.81%	Buy
Drug Manufacturers - Specialty & Generic	90	-0.21%	+4.09%	+0.45%	-3.63%	33.76x	2.15x	+11.91%	+3.10%	+5.65%	+32.15%	Strong Buy
Healthcare Plans	12	+0.01%	-1.01%	-0.15%	-0.05%	19.70x	2.90x	+19.64%	+6.04%	+14.10%	+17.24%	Buy
Health Information Services	61	+0.46%	+1.33%	-3.77%	-22.81%	75.59x	3.24x	+6.63%	+2.09%	+5.13%	+34.77%	Buy
Medical Care Facilities	51	+0.10%	+2.08%	-4.18%	+7.39%	-7.32x	4.34x	-93.77%	+6.64%	+13.89%	+17.87%	Buy
Medical Devices	154	+0.93%	+3.67%	-0.50%	-12.74%	27.79x	3.71x	+10.38%	+5.26%	+7.71%	+19.09%	Buy
Medical Distribution	9	-1.40%	-4.69%	-6.08%	+30.95%	26.17x	109.10x	-8.59%	+3.48%	+18.93%	+10.93%	Buy
Medical Instruments & Supplies	56	+0.43%	+1.57%	-1.02%	-12.24%	56.77x	3.54x	+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.