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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
Price
1d %
1w %
1m %
3m %
6m %
1y %
3y %
5y %
10y %
52-week High
52-week Low
% off 52-week High
% off 52-week Low
Beta
Volume
Vol 1d %
ABVC
ABVC BIOPHARMA INC
$1.06-3.64%-1.85%-7.02%-20.90%0.00%-87.07%N/AN/AN/A$8.10$0.6786.91%57.27%0.41205,726-84.33%
ALIM
ALIMERA SCIENCES INC
$3.565.18%-2.60%-5.20%-7.18%9.72%114.16%-62.46%-74.79%-95.43%$4.38$1.6418.84%116.64%0.8842,178-29.89%
NBY
NOVABAY PHARMACEUTICALS INC
$0.08-10.11%-15.79%-12.09%-44.44%-75.00%-91.84%-99.68%-99.46%-99.99%$1.28$0.0793.75%23.08%0.761,805,92957.07%
TBRG
TRUBRIDGE INC
$8.774.28%2.81%-2.66%-17.96%-19.76%-63.12%-71.02%-68.49%-86.68%$26.73$7.5567.19%16.16%0.84416,15558.56%
MPLN
MULTIPLAN CORP
$0.71-2.08%7.95%-11.86%-38.07%-49.21%-30.10%-89.00%N/AN/A$2.29$0.5369.17%33.21%0.686,262,019-14.47%
NVAX
NOVAVAX INC
$8.8898.66%80.12%108.45%113.98%42.31%-1.22%-94.47%35.16%-89.60%$11.00$3.5319.27%151.42%1.12169,424,6613,703.43%
PSTV
PLUS THERAPEUTICS INC
$2.16-3.57%20.00%14.89%10.77%54.84%-56.01%-92.97%-98.91%-100.00%$4.45$0.9751.46%122.91%1.2865,469117.42%
BHC
BAUSCH HEALTH COMPANIES INC
$6.88-1.01%-12.02%-22.87%-17.90%1.03%15.63%-75.01%-72.83%-94.71%$11.46$5.7139.97%20.49%1.364,262,413-18.20%
JAGX
JAGUAR HEALTH INC
$0.29-5.50%-8.18%151.72%228.09%0.00%-59.44%-99.90%-99.99%N/A$0.94$0.0568.94%472.55%0.7327,195,651-58.47%
AXDX
ACCELERATE DIAGNOSTICS INC
$0.881.15%-4.86%-1.12%-25.42%-84.64%-88.57%-98.78%-99.57%-99.56%$11.90$0.7392.61%20.55%1.1654,51530.13%
KA
KINETA INC
$0.56-10.72%-5.42%50.81%-78.70%-84.59%-86.08%-99.45%-99.63%N/A$5.39$0.3389.65%67.07%0.8557,567-80.32%
AKAN
AKANDA CORP
$0.107.69%8.89%-18.33%-74.21%-76.56%-89.11%N/AN/AN/A$1.22$0.0991.97%15.29%1.1912,888,475180.07%
MMA
ALTA GLOBAL GROUP LTD
$3.7911.80%6.73%25.91%N/AN/AN/AN/AN/AN/A$5.25$2.8727.81%32.06%0.5412,055298.38%
BDSX
BIODESIX INC
$1.581.94%12.86%28.46%-4.24%31.67%-3.66%-89.47%N/AN/A$2.21$1.0328.51%53.40%1.12100,928-51.43%
ELAN
ELANCO ANIMAL HEALTH INC
$17.00-1.16%25.65%15.25%5.13%59.18%88.89%-47.27%-48.95%N/A$17.43$7.882.47%115.74%1.073,689,936-49.99%
ZVSA
ZYVERSA THERAPEUTICS INC
$5.371.70%-1.47%-28.40%-9.60%-76.86%-96.99%N/AN/AN/A$180.25$4.4497.02%20.95%0.4661,438-62.19%
CNTG
CENTOGENE NV
$0.39-2.01%-11.96%-32.41%-59.59%-65.79%-51.13%-95.68%N/AN/A$1.98$0.3680.30%8.64%0.4171,2045.05%
DRMA
DERMATA THERAPEUTICS INC
$0.3610.80%6.85%-14.32%-19.14%-50.28%-79.83%N/AN/AN/A$2.81$0.2387.22%54.74%0.98194,637597.77%
RANI
RANI THERAPEUTICS HOLDINGS INC
$6.31-6.93%-11.75%51.68%76.75%218.69%46.74%N/AN/AN/A$8.75$1.8227.89%246.70%0.82112,247-49.96%
EHAB
ENHABIT INC
$8.340.60%-18.07%-23.77%-8.95%-10.32%-32.36%N/AN/AN/A$14.59$7.1242.84%17.13%0.811,597,098-50.29%
ENGN
ENGENE HOLDINGS INC
$14.23-1.18%-8.25%-9.71%84.33%69.40%35.01%N/AN/AN/A$47.17$6.6969.83%112.71%-0.033,342-59.92%
RNXT
RENOVORX INC
$1.457.81%18.85%21.24%-5.84%34.26%-47.27%N/AN/AN/A$3.29$0.5355.93%173.07%0.9423,412-62.86%
ACXP
ACURX PHARMACEUTICALS INC
$2.030.50%-6.45%9.14%-32.11%-47.27%-38.86%N/AN/AN/A$8.82$1.1776.98%73.50%0.4516,796-77.62%
BTSG
BRIGHTSPRING HEALTH SERVICES INC
$11.24-2.35%-2.26%7.66%-1.06%N/AN/AN/AN/AN/A$12.14$7.857.41%43.18%0.56474,390-46.90%
SOLV
SOLVENTUM CORP
$63.74-1.68%-1.41%-0.23%N/AN/AN/AN/AN/AN/A$72.40$60.7211.96%4.97%0.801,896,659-38.19%
ISPC
ISPECIMEN INC
$0.24-11.11%-8.75%10.60%-46.55%-53.13%-85.54%N/AN/AN/A$1.88$0.2087.23%20.00%0.74361,63019.65%
OPGN
OPGEN INC
$0.44-5.96%-5.96%-36.86%10.50%-13.33%-47.38%-99.01%-99.78%N/A$3.84$0.1788.49%167.88%-0.11172,352342.30%
EFTR
EFFECTOR THERAPEUTICS INC
$2.03-5.14%-7.73%-13.98%-81.15%-86.24%-84.16%-99.17%N/AN/A$37.00$1.6094.51%26.88%1.0085,089-26.76%
YS
YS BIOPHARMA CO LTD
$0.971.89%31.44%7.78%137.75%61.67%-28.68%N/AN/AN/A$1.78$0.3545.51%177.14%0.06170,069-43.13%
GRTX
GALERA THERAPEUTICS INC
$0.18-0.56%-5.38%10.00%1.73%41.94%-94.45%-97.28%N/AN/A$3.59$0.0995.10%107.06%0.881,030,177219.28%
IBIO
IBIO INC
$1.85-1.60%-7.04%-8.42%52.89%-66.56%-91.27%-99.78%-99.58%-99.91%$20.20$1.0290.84%81.19%0.2898,161-2.44%
MOVE
MOVANO INC
$0.4410.13%-7.45%-23.68%-27.50%-53.72%-67.29%-91.55%N/AN/A$1.50$0.3771.00%17.57%0.7676,068-62.71%
TEVA
TEVA PHARMACEUTICAL INDUSTRIES LTD
$16.251.56%16.24%17.33%25.87%87.21%94.61%58.54%13.16%-67.49%$16.57$7.091.93%129.36%1.0113,787,621-16.25%
ICCC
IMMUCELL CORP
$5.442.84%8.15%4.62%6.67%0.74%10.82%-42.56%-14.73%58.14%$6.05$4.3410.08%25.35%0.142,209-4.29%
ELTX
ELICIO THERAPEUTICS INC
$9.41-0.95%4.79%7.30%114.35%60.31%12.02%-93.03%N/AN/A$24.39$2.9661.42%217.91%1.3636,320-46.83%
NUWE
NUWELLIS INC
$0.25-8.36%40.00%-33.68%-46.95%-58.69%-91.92%-99.94%-100.00%-100.00%$3.83$0.1393.42%101.60%0.433,234,467-85.00%
MAIA
MAIA BIOTECHNOLOGY INC
$3.086.57%-6.10%25.20%101.31%54.77%13.65%N/AN/AN/A$3.59$0.8214.21%275.61%0.39230,469-59.43%
ANVS
ANNOVIS BIO INC
$5.93-1.66%14.48%-49.53%-44.00%2.24%-60.36%-79.27%N/AN/A$22.49$4.7973.63%23.80%1.08529,410-74.90%
HUMA
HUMACYTE INC
$4.703.98%6.58%57.19%21.45%100.00%7.06%-53.00%N/AN/A$4.86$1.963.25%139.80%1.141,754,280113.84%
HCWB
HCW BIOLOGICS INC
$1.13-5.83%-15.04%-26.62%0.00%-19.29%-26.62%N/AN/AN/A$2.32$0.9151.29%24.18%0.5020,336138.71%
CNSP
CNS PHARMACEUTICALS INC
$0.20-6.22%-11.31%-15.52%-34.67%-86.48%-87.67%-99.64%N/AN/A$2.98$0.1993.42%3.16%0.72339,449-47.28%
APTO
APTOSE BIOSCIENCES INC
$1.230.00%2.50%-10.87%-40.29%-49.80%-83.43%-98.27%-96.24%-98.41%$7.74$1.1584.10%6.96%0.8716,420-8.22%
ENSC
ENSYSCE BIOSCIENCES INC
$0.52-3.14%-6.60%-32.99%-54.04%-34.50%-85.16%-99.98%-99.98%N/A$3.14$0.5183.31%2.34%0.4183,83141.63%
QLGN
QUALIGEN THERAPEUTICS INC
$0.280.35%-5.65%-25.26%-38.79%-60.00%-73.08%-98.41%-99.88%N/A$1.26$0.2677.46%7.58%0.2845,844-46.80%
OTLK
OUTLOOK THERAPEUTICS INC
$7.58-1.94%-11.86%-15.68%-13.33%-5.25%-67.88%-80.86%-68.42%N/A$40.60$4.0081.33%89.31%0.88392,51276.29%
CHRO
CHROMOCELL THERAPEUTICS CORP
$1.833.39%3.39%-1.35%-61.88%N/AN/AN/AN/AN/A$6.00$1.2169.50%51.24%0.062,105123.94%
ALLR
ALLARITY THERAPEUTICS INC
$0.794.91%-20.90%-75.51%-90.55%-91.59%-99.75%N/AN/AN/A$315.92$0.7199.75%11.41%1.105,761,15331.08%
PTN
PALATIN TECHNOLOGIES INC
$2.29-2.55%8.53%22.46%-44.15%14.50%3.15%-82.80%-93.55%-91.96%$5.65$1.4359.47%60.14%1.28228,427-46.50%
PBH
PRESTIGE CONSUMER HEALTHCARE INC
$70.390.10%0.56%2.12%3.59%22.01%19.87%50.31%126.19%110.12%$75.31$52.906.53%33.06%0.62146,827-16.48%
VCNX
VACCINEX INC
$5.756.28%-4.96%-15.54%-45.31%-54.62%-93.07%-98.73%-99.66%N/A$100.80$4.4394.30%29.74%0.409,006180.65%
NRXP
NRX PHARMACEUTICALS INC
$3.043.75%44.76%-45.03%-36.67%-7.85%-51.36%-99.05%-97.07%N/A$12.00$1.9074.67%60.00%0.51360,437-38.79%
NRSN
NEUROSENSE THERAPEUTICS LTD
$1.180.51%-11.28%-28.92%-7.45%138.38%-34.08%N/AN/AN/A$2.33$0.4049.36%195.00%0.5895,681-21.14%
TTOO
T2 BIOSYSTEMS INC
$3.7015.83%-0.67%20.36%-43.07%-21.72%-86.80%-99.93%-99.97%N/A$70.00$2.6094.72%42.12%1.081,067,72466.12%
UNCY
UNICYCIVE THERAPEUTICS INC
$1.134.63%0.89%-13.08%7.62%94.83%-24.67%N/AN/AN/A$1.82$0.4738.01%140.43%0.66273,187-26.62%
OWLT
OWLET INC
$4.17-3.02%-0.71%9.74%-5.87%-16.60%-11.90%-97.02%N/AN/A$7.50$2.5244.40%65.41%0.9920,75487.16%
AKTX
AKARI THERAPEUTICS PLC
$1.60-2.14%17.65%23.08%-33.33%-52.66%-54.55%-95.68%-97.48%-99.85%$5.50$1.0870.91%48.56%0.5019,063-37.22%
BCLI
BRAINSTORM CELL THERAPEUTICS INC
$0.46-2.36%20.00%-24.25%28.45%168.24%-84.65%-84.85%-88.46%-88.31%$3.34$0.1386.35%240.30%0.69286,275-8.13%
CLRB
CELLECTAR BIOSCIENCES INC
$3.07-5.25%-10.23%-12.03%-12.29%58.25%119.29%-76.74%-86.33%-99.95%$4.45$1.3631.01%125.74%0.911,118,284519.68%
SLS
SELLAS LIFE SCIENCES GROUP INC
$1.365.04%1.88%-2.52%71.52%49.23%-22.13%-82.85%-97.09%-100.00%$1.91$0.5029.21%171.54%0.911,394,363206.20%
AMRX
AMNEAL PHARMACEUTICALS INC
$6.662.94%-1.48%16.84%13.85%57.82%274.16%25.42%-36.08%N/A$6.90$1.893.48%252.38%1.191,142,24841.21%
IVA
INVENTIVA SA
$3.38-1.46%2.42%-13.11%-10.34%-8.40%26.12%-76.13%N/AN/A$5.05$2.4633.07%37.51%0.227,000261.38%
ARMP
ARMATA PHARMACEUTICALS INC
$3.09-5.18%24.14%-9.09%-12.44%19.81%128.96%-24.61%-33.53%-99.92%$5.26$1.0741.19%188.88%0.349,752-58.86%
AGEN
AGENUS INC
$10.49-10.49%-19.74%17.57%-35.19%-19.32%-65.94%-82.57%-81.66%-80.21%$42.60$4.7875.38%119.69%1.23828,37347.64%
ALUR
ALLURION TECHNOLOGIES INC
$1.96-7.98%-14.78%-12.11%-35.74%-52.88%-81.17%-80.06%N/AN/A$10.94$1.5682.08%25.64%0.0272,772176.16%
CUTR
CUTERA INC
$2.18-7.05%-14.03%24.29%-28.45%29.46%-87.68%-92.85%-88.06%-79.67%$21.41$1.2889.84%69.92%1.29585,59114.53%
LSDI
LUCY SCIENTIFIC DISCOVERY INC
$0.73-7.83%-10.87%-40.65%-71.79%-66.27%-94.07%N/AN/AN/A$17.00$0.7295.71%1.39%0.75107,226109.89%
SCNI
SCINAI IMMUNOTHERAPEUTICS LTD
$0.479.05%0.86%-4.08%-4.67%-27.69%-74.73%-98.30%-99.29%N/A$2.27$0.4379.30%9.05%0.9114,483129.31%
ONMD
ONEMEDNET CORP
$0.51-1.92%-14.86%-20.44%-47.20%-88.84%-95.28%-94.94%N/AN/A$13.51$0.4296.23%21.43%0.1385,10533.61%
OKYO
OKYO PHARMA LTD
$1.46-3.31%-3.95%6.96%0.69%-15.12%-14.12%N/AN/AN/A$3.07$0.9252.44%58.70%0.381,856-42.45%
AMIX
AUTONOMIX MEDICAL INC
$2.89-4.93%-5.86%6.72%-34.17%N/AN/AN/AN/AN/A$7.60$2.5061.97%15.60%0.0532,151-27.34%
ATNF
180 LIFE SCIENCES CORP
$1.93-5.39%-3.50%-21.54%-51.63%-74.91%-90.51%-99.94%-99.95%N/A$27.93$1.3393.09%45.11%0.496,221-52.37%
MDAI
SPECTRAL AI INC
$1.711.79%-3.39%-20.47%-21.20%-38.93%-83.46%-82.43%N/AN/A$19.50$1.6191.23%6.21%0.06399,788269.94%
QTI
QT IMAGING HOLDINGS INC
$0.872.82%9.25%-16.76%-92.00%-91.97%-91.82%N/AN/AN/A$14.40$0.6793.93%30.45%0.08163,56281.86%
CDT
CONDUIT PHARMACEUTICALS INC
$2.97-2.30%-1.00%-4.19%7.22%139.52%-71.63%N/AN/AN/A$25.00$0.9588.12%212.63%0.2133,10272.56%
ONCO
ONCONETIX INC
$0.11-5.36%-13.82%-31.61%-35.76%-66.98%-89.71%N/AN/AN/A$1.58$0.1093.29%6.00%0.73246,957-37.11%
BGXX
BRIGHT GREEN CORP
$0.21-4.07%-0.93%-16.54%23.98%-32.91%-81.24%N/AN/AN/A$1.07$0.1580.17%41.33%0.69217,706-42.12%
KTRA
KINTARA THERAPEUTICS INC
$0.15-4.49%-1.32%16.41%26.27%-61.10%-95.63%-99.76%-99.90%-99.99%$5.60$0.0897.34%83.95%0.701,445,506-61.77%
RVPH
REVIVA PHARMACEUTICALS HOLDINGS INC
$1.87-12.62%-41.56%-49.18%-57.31%-67.48%-77.97%-61.84%-81.70%N/A$8.30$1.8277.47%2.75%0.30718,228-41.30%
GALT
GALECTIN THERAPEUTICS INC
$3.03-6.77%-9.28%-20.68%82.53%44.29%67.40%-20.05%-32.96%-71.47%$4.27$1.2829.01%136.72%1.05288,595139.53%
XFOR
X4 PHARMACEUTICALS INC
$1.05-1.41%-8.70%-13.93%2.94%40.00%-34.78%-86.88%-95.10%N/A$2.58$0.5759.22%83.57%1.083,955,568-38.58%
BCTX
BRIACELL THERAPEUTICS CORP
$2.25-0.44%-0.44%-17.58%-40.00%-42.82%-68.38%-29.36%N/AN/A$7.59$2.0170.36%11.94%1.126,058-89.59%
LIFW
MSP RECOVERY INC
$0.860.12%-3.80%-43.36%11.96%-83.79%-92.48%-99.65%N/AN/A$17.48$0.6595.07%32.46%-0.11127,370-33.67%
HCTI
HEALTHCARE TRIANGLE INC
$1.01-8.27%-26.28%-34.20%-71.23%-74.43%-68.44%N/AN/AN/A$10.89$0.9990.73%2.02%0.9482,819-45.08%
INKT
MINK THERAPEUTICS INC
$0.900.11%-8.16%-10.00%-4.36%-14.29%-40.40%N/AN/AN/A$3.34$0.7573.05%20.00%0.8120,067-85.20%
NLSP
NLS PHARMACEUTICS LTD
$0.14-1.42%0.72%-7.33%-69.72%-78.28%-89.06%-95.89%N/AN/A$1.53$0.1190.92%23.01%0.3736,870-74.91%
ICU
SEASTAR MEDICAL HOLDING CORP
$0.40-6.50%-10.24%-41.59%-55.22%-29.30%-65.56%-95.93%N/AN/A$1.72$0.1676.53%148.77%-0.002,652,914114.65%
CLDI
CALIDI BIOTHERAPEUTICS INC
$0.241.72%19.80%-59.80%-59.17%-88.20%-97.71%N/AN/AN/A$13.79$0.1498.29%65.03%0.05356,49036.25%
NIVF
NEWGENIVF GROUP LTD
$1.28-10.49%5.79%26.73%-88.36%-88.24%-87.81%N/AN/AN/A$17.24$0.6492.58%101.57%0.27567,020-56.59%
DHAI
DIH HOLDING US INC
$1.640.00%5.13%38.98%2.50%-84.98%-84.34%N/AN/AN/A$13.90$0.7288.20%128.41%0.0454,607161.35%
PBM
PSYENCE BIOMEDICAL LTD
$1.00-9.09%-13.79%9.65%20.19%-91.08%-90.65%N/AN/AN/A$14.55$0.5193.13%94.93%-0.2486,871-19.77%
TVGN
TEVOGEN BIO HOLDINGS INC
$0.99-0.61%1.55%-59.80%-79.39%-90.96%-91.21%N/AN/AN/A$21.09$0.8095.33%22.67%0.0351,547-61.65%
NKGN
NKGEN BIOTECH INC
$1.260.80%-11.89%0.00%-22.22%-56.85%-87.70%N/AN/AN/A$12.88$0.7890.22%61.54%0.3163,564-56.97%
OCEA
OCEAN BIOMEDICAL INC
$1.54-11.78%4.42%-36.83%164.66%-4.66%-74.20%N/AN/AN/A$12.08$0.5287.29%195.19%0.07248,885-79.64%

Healthcare Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
680-1.62%-2.51%-3.52%-21.05%6.42x5.91x+20.97%+3.56%-33.88%+84.90%Strong Buy
66+5.11%+7.27%+4.18%+9.23%37.39x4.36x-13.51%+6.44%+11.47%+3.98%Buy
17-0.53%+1.82%+3.59%+14.38%31.93x6.33x+33.48%+8.06%+14.18%+12.79%Buy
90-0.72%-1.27%+0.66%-6.21%-3.15x2.17x+11.81%+3.11%+6.07%+34.14%Buy
12+0.39%+3.48%+3.54%+2.41%25.16x3.02x+15.17%+4.73%+11.77%+13.27%Buy
59-1.02%-2.32%-6.09%-23.97%12.79x3.34x+7.06%+2.44%+6.04%+33.12%Buy
51+0.10%+3.37%+1.26%+10.73%39.75x4.47x-95.44%+6.74%+14.01%+14.51%Buy
153-0.47%-1.92%-4.16%-14.44%29.79x3.92x+7.18%+5.22%+7.62%+21.81%Buy
9+0.59%+3.79%-0.11%+28.86%26.83x110.00x-10.56%+3.43%+19.55%+9.31%Buy
56+0.54%+1.52%-0.53%-8.80%58.36x3.57x+11.29%+7.72%+10.10%+19.62%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 -38.53% over the past year, underperforming other healthcare stocks by -31 percentage points.

Cross Country Healthcare has an average 1 year price target of $19.50, an upside of 30.61% from Cross Country Healthcare's current stock price of $14.93.

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 lose -5.48% over the past year, overperforming other healthcare stocks by 2 percentage points.

3. Corcept Therapeutics (NASDAQ:CORT)


Corcept Therapeutics (NASDAQ:CORT) 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. Corcept Therapeutics has seen its stock return 12.67% over the past year, overperforming other healthcare stocks by 20 percentage points.

Corcept Therapeutics has an average 1 year price target of $40.67, an upside of 50.4% from Corcept Therapeutics's current stock price of $27.04.

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.

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 57.95%, which is 55 percentage points higher than the healthcare sector average of 2.88%.

Mei Pharma's dividend payout ratio of 44.6% 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 14.08%, which is 11 percentage points higher than the healthcare sector average of 2.88%.

Siga Technologies's dividend payout ratio of 95.5% indicates that its high dividend yield might not be sustainable for the long-term.

3. Spok Holdings (NASDAQ:SPOK)


Spok Holdings (NASDAQ:SPOK) has an annual dividend yield of 8.36%, which is 5 percentage points higher than the healthcare sector average of 2.88%. 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 0.3% in the last day, and up 0.86% over the last week. Novavax was the among the top gainers in the healthcare sector, gaining 98.66% yesterday.

Novavax shares are trading higher after the company and Sanofi announced a co-exclusive licensing agreement to commercialize a COVID-19 vaccine and develop COVID-influenza combination vaccines.

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 -47.49% in the past year. It has underperformed other stocks in the healthcare sector by -40 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 -31.41% in the past year. It has underperformed other stocks in the healthcare sector by -24 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 dropped -5.48% in the past year. It has overperformed other stocks in the healthcare sector by 2 percentage points.

Are healthcare stocks a good buy now?

48.62% of healthcare stocks rated by analysts are a strong buy right now. On average, analysts expect healthcare stocks to rise by 35.12% 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 26.88x.
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.