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
AUPH	AURINIA PHARMACEUTICALS INC	$5.31	N/A	N/A	-12.64x	8.30x	4.00x	2.11x	N/A	-$20.61M	-2.69%	$359.48M	2.50	$783.51M	-18.71
CHRS	COHERUS BIOSCIENCES INC	$2.18	N/A	N/A	-2.99x	1.90x	0.81x	-3.06x	N/A	-$152.39M	-62.02%	-$81.84M	-0.73	$469.68M	-43.10
CLPT	CLEARPOINT NEURO INC	$6.40	N/A	N/A	-7.71x	N/A	6.23x	5.07x	N/A	-$12.79M	-7.86%	$34.58M	1.36	$154.04M	-8.01
GLMD	GALMED PHARMACEUTICALS LTD	$0.38	N/A	N/A	-0.15x	-0.03x	N/A	0.14x	N/A	-$6.14M	-577.08%	$13.88M	5.01	-$1.04M	0.14
STOK	STOKE THERAPEUTICS INC	$14.13	N/A	N/A	-5.86x	-5.08x	83.12x	5.25x	N/A	-$85.74M	-13.12%	$140.34M	3.04	$557.30M	-4.89
RVMD	REVOLUTION MEDICINES INC	$39.39	N/A	N/A	-10.31x	-11.29x	1,406.79x	3.77x	N/A	-$457.88M	-7.06%	$1.73B	10.48	$6.30B	-13.17
OABI	OMNIAB INC	$4.54	N/A	N/A	-7.09x	N/A	21.72x	1.77x	N/A	-$44.71M	-9.78%	$301.39M	2.99	$539.29M	-9.11
PRCT	PROCEPT BIOROBOTICS CORP	$69.19	N/A	N/A	-32.64x	-329.48x	22.57x	13.48x	N/A	-$126.17M	-3.57%	$264.05M	5.18	$3.41B	-35.71
DNLI	DENALI THERAPEUTICS INC	$20.86	N/A	N/A	-22.43x	-6.46x	10.55x	2.04x	N/A	-$425.11M	-13.64%	$1.46B	9.74	$2.96B	-23.09
ALLO	ALLOGENE THERAPEUTICS INC	$2.98	N/A	N/A	-1.64x	-1.07x	N/A	1.10x	N/A	-$227.48M	-45.13%	$461.37M	2.73	$447.81M	-1.60
EYPT	EYEPOINT PHARMACEUTICALS INC	$12.94	N/A	N/A	-7.15x	N/A	13.69x	2.70x	N/A	-$16.65M	-2.43%	$249.93M	4.72	$407.43M	-5.24
CVRX	CVRX INC	$8.06	N/A	N/A	-3.26x	-4.03x	4.07x	2.63x	N/A	-$40.94M	-23.92%	$66.26M	3.12	$124.31M	-2.55
OCS	OCULIS HOLDING AG	$12.01	N/A	N/A	-7.24x	N/A	461.92x	5.08x	N/A	N/A	N/A	$86.85M	2.36	$415.13M	N/A
WAT	WATERS CORP	$361.79	$172.59	109.63%	35.43x	24.81x	7.37x	17.08x	1.09x	$514.03M	2.40%	$1.26B	21.21	$23.26B	23.76
LIFE	ATYR PHARMA INC	$1.92	N/A	N/A	-2.13x	-1.27x	212.78x	1.56x	N/A	-$57.98M	-45.80%	$84.47M	1.28	$136.26M	-2.66
OLK	OLINK HOLDING AB (PUBL)	$24.01	N/A	N/A	-88.93x	480.20x	17.47x	6.47x	N/A	-$59.68M	-2.00%	$461.63M	3.71	$2.90B	-135.98
VYGR	VOYAGER THERAPEUTICS INC	$8.57	N/A	N/A	-122.43x	-5.46x	4.11x	1.37x	N/A	$8.23M	1.68%	$340.89M	5.97	$323.08M	-34.06
BNTX	BIONTECH SE	$92.20	$34.51	167.14%	178.68x	19.45x	7.47x	1.02x	1.02x	$5.32B	24.25%	$21.47B	90.32	$12.73B	31.98
KROS	KEROS THERAPEUTICS INC	$54.40	N/A	N/A	-10.56x	-9.33x	7,771.43x	4.32x	N/A	-$137.18M	-7.07%	$453.95M	12.72	$1.53B	-9.71
TCON	TRACON PHARMACEUTICALS INC	$1.62	N/A	N/A	1.86x	-0.07x	0.32x	-2.46x	N/A	$6.14M	158.52%	-$1.76M	-0.74	-$3.62M	-0.46
PLRX	PLIANT THERAPEUTICS INC	$15.36	N/A	N/A	-5.35x	-4.30x	3,840.00x	2.12x	N/A	-$118.61M	-12.83%	$437.33M	7.27	$865.48M	-5.25
CLDX	CELLDEX THERAPEUTICS INC	$40.17	N/A	N/A	-14.05x	-16.07x	390.00x	3.16x	N/A	-$120.94M	-5.11%	$838.61M	14.25	$2.53B	-17.87
INO	INOVIO PHARMACEUTICALS INC	$13.07	N/A	N/A	-2.39x	-3.20x	421.61x	3.59x	N/A	-$116.37M	-38.22%	$94.44M	4.06	$332.48M	-2.75
LYEL	LYELL IMMUNOPHARMA INC	$2.61	N/A	N/A	-2.90x	-1.65x	N/A	1.10x	N/A	-$160.68M	-24.21%	$603.16M	2.37	$594.61M	-2.86
IKNA	IKENA ONCOLOGY INC	$1.34	N/A	N/A	-0.85x	-0.48x	16.69x	0.41x	N/A	-$78.47M	-121.80%	$155.35M	3.22	$21.32M	-0.32
IGMS	IGM BIOSCIENCES INC	$9.49	N/A	N/A	-2.22x	-1.87x	271.14x	3.47x	N/A	-$194.58M	-34.11%	$161.25M	2.68	$521.56M	-2.35
IFRX	INFLARX NV	$1.40	N/A	N/A	-1.81x	-1.47x	700.00x	0.81x	N/A	-$45.44M	-55.14%	$101.89M	1.73	$56.63M	-1.30
LYRA	LYRA THERAPEUTICS INC	$0.36	N/A	N/A	-0.30x	-0.17x	13.69x	0.28x	N/A	-$73.06M	-320.51%	$77.50M	1.21	$41.77M	-0.61
PDEX	PRO DEX INC	$19.59	$9.49	106.52%	15.93x	N/A	1.37x	2.16x	2.51x	$4.78M	7.07%	$30.94M	8.97	$76.80M	10.15
HCA	HCA HEALTHCARE INC	$326.96	$155.23	110.63%	16.08x	15.47x	1.30x	-53.03x	2.62x	$5.43B	6.28%	-$1.62B	-6.11	$126.45B	10.33
NPCE	NEUROPACE INC	$9.03	N/A	N/A	-7.65x	-5.44x	3.70x	18.11x	N/A	-$17.68M	-6.92%	$14.34M	0.51	$319.74M	-15.18
SPRY	ARS PHARMACEUTICALS INC	$8.88	N/A	N/A	-17.08x	-5.25x	N/A	3.84x	N/A	-$53.61M	-6.26%	$223.87M	2.32	$804.64M	-16.21
TLPH	TALPHERA INC	$1.22	N/A	N/A	-1.43x	-0.32x	46.73x	1.26x	N/A	-$15.13M	-50.37%	$16.33M	0.66	$14.84M	-1.08
SPRC	SCISPARC LTD	$1.20	N/A	N/A	-0.31x	N/A	1.10x	0.42x	N/A	-$1.57M	-185.08%	$2.03M	2.87	$314.69k	0.18
NUTX	NUTEX HEALTH INC	$0.72	N/A	N/A	-0.68x	N/A	0.14x	0.57x	N/A	-$2.60M	-7.24%	$63.02M	1.27	$278.08M	-29.99
ARDX	ARDELYX INC	$7.85	N/A	N/A	-27.07x	-196.25x	11.49x	12.17x	N/A	-$81.12M	-4.43%	$150.89M	0.65	$1.91B	-35.63
LQDA	LIQUIDIA CORP	$12.29	N/A	N/A	-7.88x	-29.26x	57.97x	10.88x	N/A	-$59.52M	-6.42%	$86.26M	1.14	$868.47M	-8.91
NYXH	NYXOAH SA	$10.27	N/A	N/A	-6.34x	-6.01x	53.49x	3.14x	N/A	-$60.89M	-20.67%	$93.76M	3.27	$284.54M	-6.86
CELZ	CREATIVE MEDICAL TECHNOLOGY HOLDINGS INC	$4.40	N/A	N/A	-1.18x	N/A	733.33x	0.64x	N/A	-$5.08M	-81.27%	$9.23M	6.49	-$3.06M	0.59
PRTC	PURETECH HEALTH PLC	$28.51	N/A	N/A	-11.88x	-4.31x	233.69x	1.67x	N/A	-$105.12M	-13.56%	$464.07M	17.07	$609.32M	-20.15
MGNX	MACROGENICS INC	$4.71	N/A	N/A	-12.39x	-2.44x	6.77x	2.78x	N/A	-$113.82M	-38.79%	$106.15M	1.70	$248.66M	-25.73
SLRN	ACELYRIN INC	$4.74	N/A	N/A	-1.99x	N/A	N/A	0.73x	N/A	-$196.79M	-42.41%	$644.07M	6.58	$206.02M	-0.86
DTIL	PRECISION BIOSCIENCES INC	$12.09	N/A	N/A	-1.64x	-0.60x	1.06x	2.25x	N/A	-$72.99M	-119.28%	$37.21M	7.35	-$45.44M	2.53
EDIT	EDITAS MEDICINE INC	$6.00	N/A	N/A	-2.88x	-1.85x	7.08x	1.68x	N/A	-$151.03M	-30.72%	$294.40M	3.59	$458.34M	-2.56
PPBT	PURPLE BIOTECH LTD	$0.50	N/A	N/A	N/A	N/A	N/A	0.29x	N/A	-$19.93M	-201.00%	$34.21M	1.72	-$4.22M	-0.19
SER	SERINA THERAPEUTICS INC	$8.83	$14.21	-37.85%	4.24x	N/A	7.83x	-17.24x	1.12x	-$2.71M	-10.99%	-$4.31M	-1.54	$76.62M	-74.12
EOLS	EVOLUS INC	$13.24	N/A	N/A	-12.73x	44.13x	3.54x	44.95x	N/A	-$25.95M	-3.33%	$18.44M	0.31	$858.66M	-22.57
QIPT	QUIPT HOME MEDICAL CORP	$3.97	N/A	N/A	-54.38x	9.02x	0.91x	2.08x	N/A	$27.93M	16.68%	$80.54M	1.91	$226.94M	6.01
CVKD	CADRENAL THERAPEUTICS INC	$0.44	N/A	N/A	-1.43x	N/A	N/A	1.15x	N/A	-$3.95M	-55.76%	$6.19M	0.39	$540.50k	-0.11
UPC	UNIVERSE PHARMACEUTICALS INC	$2.58	N/A	N/A	-1.52x	N/A	0.29x	0.24x	N/A	$1.08M	11.51%	$39.53M	10.91	$9.60M	-3.02
SDGR	SCHRODINGER INC	$23.36	N/A	N/A	-11.74x	39.59x	8.96x	3.30x	N/A	-$158.83M	-9.40%	$513.71M	7.11	$1.69B	-11.13
CTMX	CYTOMX THERAPEUTICS INC	$1.96	N/A	N/A	9.80x	-3.70x	1.35x	-4.82x	N/A	-$92.34M	-57.45%	-$31.68M	-0.39	$128.49M	4.88
TXMD	THERAPEUTICSMD INC	$2.09	N/A	N/A	-3.07x	-12.29x	20.10x	0.84x	N/A	-$14.73M	-61.10%	$28.66M	2.49	$26.08M	-4.03
KYMR	KYMERA THERAPEUTICS INC	$35.94	N/A	N/A	-14.32x	-13.12x	32.03x	3.10x	N/A	-$136.32M	-5.36%	$711.20M	10.05	$2.19B	-14.60
MRNA	MODERNA INC	$129.06	N/A	N/A	-8.24x	45.93x	9.57x	3.86x	N/A	-$3.67B	-7.45%	$12.82B	33.55	$48.62B	-11.51
ACLX	ARCELLX INC	$51.72	N/A	N/A	-50.21x	-20.52x	20.72x	5.57x	N/A	-$33.26M	-1.22%	$496.57M	9.41	$2.70B	-118.59
NGNE	NEUROGENE INC	$33.59	N/A	N/A	1.06x	-4.67x	N/A	2.55x	N/A	-$60.01M	-10.57%	$170.78M	10.10	$301.22M	-8.69
IOBT	IO BIOTECH INC	$1.43	N/A	N/A	-0.80x	-0.49x	N/A	0.82x	N/A	-$82.17M	-87.20%	$115.47M	1.75	-$21.46M	0.25
OGN	ORGANON & CO	$21.65	$44.07	-50.87%	5.28x	3.77x	0.87x	115.99x	0.35x	$511.00M	9.23%	$48.00M	0.19	$13.71B	9.49
IMAB	I-MAB	$1.82	N/A	N/A	-0.75x	-0.42x	39.57x	0.62x	N/A	-$182.06M	-120.16%	$237.64M	2.86	-$138.87M	0.71
IMTX	IMMATICS NV	$11.08	N/A	N/A	-10.62x	-6.84x	14.26x	2.65x	N/A	-$28.14M	-2.46%	$430.95M	4.18	$1.03B	-13.53
BFLY	BUTTERFLY NETWORK INC	$1.04	N/A	N/A	-1.79x	N/A	3.19x	1.07x	N/A	-$81.81M	-37.69%	$204.00M	0.98	$128.74M	-1.16
ACET	ADICET BIO INC	$1.40	N/A	N/A	-0.48x	-0.57x	N/A	0.44x	N/A	-$95.26M	-86.07%	$258.80M	3.27	-$112.51M	0.86
CLSD	CLEARSIDE BIOMEDICAL INC	$1.32	N/A	N/A	-2.40x	-2.20x	10.91x	-4.52x	N/A	-$20.49M	-22.20%	-$21.81M	-0.31	$108.62M	-3.11
AMLX	AMYLYX PHARMACEUTICALS INC	$1.82	N/A	N/A	-1.75x	0.59x	0.31x	0.38x	N/A	$15.44M	12.53%	$324.44M	4.78	-$43.81M	0.68
BOLT	BOLT BIOTHERAPEUTICS INC	$0.83	N/A	N/A	-0.50x	N/A	2.79x	0.30x	N/A	-$63.08M	-199.64%	$104.16M	2.74	$45.19M	-0.78
BMY	BRISTOL MYERS SQUIBB CO	$44.55	N/A	N/A	-14.42x	5.45x	1.98x	5.48x	N/A	$12.51B	13.85%	$16.49B	8.14	$136.65B	34.13
HOOK	HOOKIPA PHARMA INC	$0.86	N/A	N/A	-1.72x	-1.13x	1.59x	0.81x	N/A	-$82.83M	-97.44%	$104.52M	1.06	-$1.67M	0.04
AADI	AADI BIOSCIENCE INC	$1.84	N/A	N/A	-0.72x	-0.60x	2.08x	0.50x	N/A	-$61.35M	-123.59%	$90.46M	3.35	-$7.44M	0.11
OVID	OVID THERAPEUTICS INC	$3.32	N/A	N/A	-4.55x	-5.27x	474.29x	3.01x	N/A	-$50.40M	-21.48%	$78.28M	1.11	$248.53M	-5.06
ALPN	ALPINE IMMUNE SCIENCES INC	$64.97	N/A	N/A	-101.52x	-26.30x	73.58x	13.40x	N/A	-$80.96M	-1.95%	$332.70M	5.20	$4.43B	-122.73
GERN	GERON CORP	$3.90	N/A	N/A	-11.14x	-17.73x	3,900.00x	6.71x	N/A	-$184.70M	-7.85%	$344.87M	0.57	$2.21B	-11.59
FUSN	FUSION PHARMACEUTICALS INC	$21.54	N/A	N/A	-15.17x	-13.72x	897.50x	7.58x	N/A	-$87.67M	-4.86%	$241.83M	2.89	$1.87B	-19.97
IART	INTEGRA LIFESCIENCES HOLDINGS CORP	$26.47	$22.11	19.74%	51.90x	7.00x	1.35x	1.31x	0.48x	$60.93M	2.96%	$1.60B	20.56	$3.54B	15.86
GRFS	GRIFOLS SA	$7.69	$29.82	-74.21%	79.28x	6.81x	0.75x	0.84x	0.09x	-$313.17M	-5.93%	$6.27B	9.11	$16.61B	13.53
LNSR	LENSAR INC	$4.15	N/A	N/A	-3.40x	N/A	1.06x	1.49x	N/A	-$8.52M	-18.02%	$31.84M	2.80	$35.51M	-4.36
NAOV	NANOVIBRONIX INC	$0.71	N/A	N/A	-0.42x	N/A	0.63x	0.57x	N/A	-$2.98M	-166.85%	$3.50M	1.40	-$607.54k	0.21
RCUS	ARCUS BIOSCIENCES INC	$17.55	N/A	N/A	-5.64x	-4.38x	6.38x	2.26x	N/A	-$235.00M	-15.53%	$707.00M	8.20	$1.41B	-6.72
ATXS	ASTRIA THERAPEUTICS INC	$9.27	N/A	N/A	-3.86x	-3.07x	N/A	1.38x	N/A	-$74.31M	-15.33%	$367.74M	7.03	$337.20M	-4.13
CYCN	CYCLERION THERAPEUTICS INC	$2.88	N/A	N/A	-72.00x	N/A	N/A	0.79x	N/A	-$16.90M	-235.31%	$9.92M	3.98	$2.11M	-10.71
AKRO	AKERO THERAPEUTICS INC	$21.07	N/A	N/A	-6.52x	-5.71x	N/A	1.72x	N/A	-$155.88M	-12.47%	$846.25M	14.27	$868.71M	-4.95
EVGN	EVOGENE LTD	$0.68	N/A	N/A	-1.31x	-1.67x	5.55x	2.87x	N/A	-$22.34M	-71.60%	$12.05M	0.26	$15.31M	-0.75
OPRX	OPTIMIZERX CORP	$13.17	N/A	N/A	-12.79x	-101.31x	3.06x	1.96x	N/A	-$5.83M	-2.44%	$122.54M	6.74	$261.90M	-13.56
APRE	APREA THERAPEUTICS INC	$5.80	N/A	N/A	-1.75x	-0.28x	25.22x	1.09x	N/A	-$13.15M	-54.00%	$28.92M	6.89	-$915.71k	0.07
SILK	SILK ROAD MEDICAL INC	$21.66	N/A	N/A	-15.70x	-18.20x	4.59x	5.80x	N/A	-$36.80M	-4.33%	$147.29M	3.75	$907.61M	-21.09
EGRX	EAGLE PHARMACEUTICALS INC	$4.61	N/A	N/A	5.01x	N/A	0.23x	0.24x	N/A	-$9.39M	-15.55%	$252.04M	19.25	$114.71M	2.01
DRIO	DARIOHEALTH CORP	$1.85	N/A	N/A	-1.10x	-0.95x	3.35x	0.71x	N/A	-$39.30M	-61.68%	$78.03M	2.27	$51.43M	-1.02
DNA	GINKGO BIOWORKS HOLDINGS INC	$0.84	N/A	N/A	-1.91x	-8.39x	8.07x	1.88x	N/A	-$318.43M	-18.95%	$987.27M	0.49	$1.25B	-1.64
DMAC	DIAMEDICA THERAPEUTICS INC	$3.01	N/A	N/A	-5.38x	N/A	N/A	2.47x	N/A	-$20.32M	-17.77%	$46.35M	1.22	$112.55M	-5.89
CRBP	CORBUS PHARMACEUTICALS HOLDINGS INC	$44.14	N/A	N/A	-6.36x	-5.66x	N/A	4.86x	N/A	-$28.95M	-7.89%	$96.97M	11.67	$474.23M	-15.44
SKYE	SKYE BIOSCIENCE INC	$12.68	N/A	N/A	-5.42x	N/A	N/A	4.51x	N/A	-$14.61M	-4.12%	$78.88M	2.82	$268.31M	-7.44
PMCB	PHARMACYTE BIOTECH INC	$2.09	N/A	N/A	-1.74x	N/A	N/A	0.56x	N/A	-$2.11M	-11.72%	$31.37M	3.65	-$43.52M	38.20
TTNP	TITAN PHARMACEUTICALS INC	$6.55	N/A	N/A	-1.02x	N/A	64.22x	0.98x	N/A	-$6.04M	-108.03%	$6.09M	7.14	-$137.77k	0.03
PNTG	PENNANT GROUP INC	$22.86	$8.09	182.43%	41.56x	N/A	1.19x	4.67x	1.58x	$15.70M	2.29%	$147.18M	4.90	$1.03B	29.87
ZVRA	ZEVRA THERAPEUTICS INC	$4.82	N/A	N/A	-3.57x	160.67x	7.19x	4.13x	N/A	-$45.92M	-22.80%	$48.82M	1.17	$203.17M	-4.39
BEAM	BEAM THERAPEUTICS INC	$24.11	N/A	N/A	-15.07x	-3.96x	5.46x	2.17x	N/A	-$169.28M	-8.59%	$913.49M	11.18	$1.86B	-16.51
TRAW	TRAWS PHARMA INC	$0.66	N/A	N/A	-0.76x	-0.60x	59.73x	2.76x	N/A	-$17.81M	-128.77%	$6.02M	0.29	$232.76k	-0.01
BPMC	BLUEPRINT MEDICINES CORP	$106.79	N/A	N/A	-22.43x	-19.78x	23.30x	21.52x	N/A	-$429.98M	-6.54%	$310.69M	5.05	$6.89B	-27.94
TRVI	TREVI THERAPEUTICS INC	$2.77	N/A	N/A	-8.13x	-3.46x	N/A	2.69x	N/A	-$34.06M	-12.37%	$72.33M	0.73	$182.21M	-5.47
TWST	TWIST BIOSCIENCE CORP	$48.36	N/A	N/A	-14.39x	-12.93x	10.07x	5.03x	N/A	-$95.52M	-3.42%	$560.13M	9.69	$2.66B	-17.14

Healthcare Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Biotechnology	679	+1.36%	+1.23%	+2.46%	-18.82%	8.99x	6.09x	+18.75%	+3.87%	-27.87%	+77.89%	Strong Buy
Diagnostics & Research	64	+1.59%	+9.69%	+11.15%	+11.26%	38.76x	4.49x	-12.99%	+6.47%	+11.50%	+4.38%	Buy
Drug Manufacturers - General	18	+2.06%	+2.68%	+8.16%	+18.10%	32.52x	6.45x	+33.63%	+8.08%	+14.20%	+9.62%	Buy
Drug Manufacturers - Specialty & Generic	88	+0.35%	+1.13%	+6.63%	-3.02%	-1.36x	2.21x	+12.25%	+3.32%	+6.00%	+33.06%	Strong Buy
Healthcare Plans	12	+0.25%	+2.09%	+5.93%	+3.96%	25.25x	3.04x	+15.16%	+4.73%	+11.76%	+13.02%	Buy
Health Information Services	59	+1.55%	+0.76%	-0.99%	-20.86%	10.02x	3.37x	+7.22%	+2.31%	+5.68%	+28.87%	Buy
Medical Care Facilities	51	+0.79%	+2.93%	+3.83%	+12.22%	41.77x	4.66x	-91.99%	+6.57%	+13.65%	+13.52%	Buy
Medical Devices	150	+1.40%	+3.49%	+1.94%	-12.70%	29.94x	3.97x	+7.09%	+5.18%	+8.05%	+18.98%	Buy
Medical Distribution	10	+0.24%	+0.94%	+0.47%	+26.56%	26.32x	105.39x	-10.31%	+3.43%	+19.52%	+10.52%	Buy
Medical Instruments & Supplies	56	+1.69%	+5.20%	+6.60%	-5.60%	60.55x	3.65x	+11.24%	+7.72%	+10.04%	+17.45%	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 46 points higher than the healthcare sector average of 24. It passed 22 out of 33 due diligence checks and has strong fundamentals. Cross Country Healthcare has seen its stock lose -40.55% over the past year, underperforming other healthcare stocks by -35 percentage points.

Cross Country Healthcare has an average 1 year price target of $19.50, an upside of 32.2% from Cross Country Healthcare's current stock price of $14.75.

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. Corcept Therapeutics (NASDAQ:CORT)

Corcept Therapeutics (NASDAQ:CORT) is the second best healthcare stock with a Zen Score of 67, which is 43 points higher than the healthcare sector average of 24. It passed 22 out of 33 due diligence checks and has strong fundamentals. Corcept Therapeutics has seen its stock return 15.67% over the past year, overperforming other healthcare stocks by 21 percentage points.

Corcept Therapeutics has an average 1 year price target of $40.67, an upside of 46.13% from Corcept Therapeutics's current stock price of $27.83.

Corcept Therapeutics stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Corcept Therapeutics, 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. Incyte (NASDAQ:INCY)

Incyte (NASDAQ:INCY) is the third best healthcare stock with a Zen Score of 64, which is 40 points higher than the healthcare sector average of 24. It passed 20 out of 33 due diligence checks and has strong fundamentals. Incyte has seen its stock lose -13.82% over the past year, underperforming other healthcare stocks by -8 percentage points.

Incyte has an average 1 year price target of $74.92, an upside of 31.33% from Incyte's current stock price of $57.05.

Incyte stock has a consensus Buy recommendation according to Wall Street analysts. Of the 13 analysts covering Incyte, 30.77% have issued a Strong Buy rating, 23.08% have issued a Buy, 46.15% 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 56.36%, which is 54 percentage points higher than the healthcare sector average of 2.77%.

Mei Pharma's dividend payout ratio of 44.6% indicates that its high dividend yield is sustainable for the long-term.

2. Spok Holdings (NASDAQ:SPOK)

Spok Holdings (NASDAQ:SPOK) has an annual dividend yield of 8.16%, which is 5 percentage points higher than the healthcare sector average of 2.77%. 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.

3. Sanofi (NASDAQ:SNY)

Sanofi (NASDAQ:SNY) has an annual dividend yield of 8.04%, which is 5 percentage points higher than the healthcare sector average of 2.77%. Sanofi's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Sanofi's dividend has shown consistent growth over the last 10 years.

Sanofi's dividend payout ratio of 82.1% indicates that its high dividend yield is sustainable for the long-term.

Why are healthcare stocks up?

Healthcare stocks were up 1.3% in the last day, and up 3.55% over the last week. T2 Biosystems was the among the top gainers in the healthcare sector, gaining 43.51% yesterday.

T2 Biosystems shares are trading higher after the company announced an $8 million private placement.

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 -44.62% 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 -29.17% in the past year. It has underperformed other stocks in the healthcare sector by -24 percentage points.

3. Cross Country Healthcare (NASDAQ:CCRN)

Cross Country Healthcare (NASDAQ:CCRN) is the third most undervalued healthcare stock based on WallStreetZen's Valuation Score. Cross Country Healthcare 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.

Cross Country Healthcare's stock has dropped -40.55% in the past year. It has underperformed other stocks in the healthcare sector by -35 percentage points.

Are healthcare stocks a good buy now?

49.71% of healthcare stocks rated by analysts are a strong buy right now. On average, analysts expect healthcare stocks to rise by 32.26% 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 27.85x.

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.