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. 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 45, which is 19 points higher than the healthcare sector average of 26. It passed 14 out of 33 due diligence checks and has strong fundamentals. Tactile Systems Technology has seen its stock return 53.45% over the past year, overperforming other healthcare stocks by 83 percentage points.
Tactile Systems Technology has an average 1 year
price target of $23.25, a downside of -16.43% from Tactile Systems Technology's current stock price of $27.82.
Tactile Systems Technology stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Tactile Systems Technology, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Ironwood Pharmaceuticals (NASDAQ:IRWD)
The Component Grade breakdown for Ironwood Pharmaceuticals (NASDAQ:IRWD) is: Value: A, Growth: B, Momentum: B, Sentiment: C, Safety: C, Financials: A, and AI: A.
Ironwood Pharmaceuticals (NASDAQ:IRWD) has a Due Diligence Score of 35, which is 9 points higher than the healthcare sector average of 26. It passed 11 out of 33 due diligence checks and has average fundamentals. Ironwood Pharmaceuticals has seen its stock return 0.56% over the past year, overperforming other healthcare stocks by 30 percentage points.
Ironwood Pharmaceuticals has an average 1 year
price target of $3.00, a downside of -16.2% from Ironwood Pharmaceuticals's current stock price of $3.58.
Ironwood Pharmaceuticals stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Ironwood Pharmaceuticals, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Collegium Pharmaceutical (NASDAQ:COLL)
The Component Grade breakdown for Collegium Pharmaceutical (NASDAQ:COLL) is: Value: A, Growth: B, Momentum: B, Sentiment: C, Safety: C, Financials: B, and AI: A.
Collegium Pharmaceutical (NASDAQ:COLL) has a Due Diligence Score of 49, which is 23 points higher than the healthcare sector average of 26. It passed 17 out of 33 due diligence checks and has strong fundamentals. Collegium Pharmaceutical has seen its stock return 61.62% over the past year, overperforming other healthcare stocks by 91 percentage points.
Collegium Pharmaceutical has an average 1 year
price target of $49.50, an upside of 1.79% from Collegium Pharmaceutical's current stock price of $48.63.
Collegium Pharmaceutical stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Collegium Pharmaceutical, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.