WallStreetZenWallStreetZen

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
Financials Score
Market Cap
ROE
ROA
ROCE
ROIC
D/E
Current Ratio
Gross Margin
Profit Margin
Operating Margin
CCRN
CROSS COUNTRY HEALTHCARE INC
$557.08M9.80%6.50%13.72%20.70%0.393.0221.90%2.60%4.02%
SMLR
SEMLER SCIENTIFIC INC
$194.55M30.60%27.20%33.54%74.30%0.0910.6489.80%30.20%35.35%
PGNY
PROGYNY INC
$3.13B12.60%8.80%11.81%18.20%0.373.4421.90%5.70%6.19%
CORT
CORCEPT THERAPEUTICS INC
$2.50B24.20%19.60%21.67%34.30%0.205.1898.50%22.40%23.13%
INCY
INCYTE CORP
$12.14B14.70%11.20%17.79%53.00%0.323.4793.10%19.80%27.10%
AMLX
AMYLYX PHARMACEUTICALS INC
$134.89M12.40%10.70%12.47%22.80%0.195.6693.30%12.90%14.26%
HRMY
HARMONY BIOSCIENCES HOLDINGS INC
$1.75B28.30%17.20%30.75%53.30%0.643.1179.30%22.30%34.50%
INMD
INMODE LTD
$1.58B24.20%22.10%24.08%32.00%0.0913.4583.10%38.80%42.69%
PBYI
PUMA BIOTECHNOLOGY INC
$222.86M35.40%7.20%25.79%28.50%3.201.4673.40%6.80%13.20%
MOH
MOLINA HEALTHCARE INC
$20.11B26.40%7.30%22.06%63.50%2.451.4912.40%3.00%4.31%
GILD
GILEAD SCIENCES INC
$81.65B26.00%9.10%15.45%23.10%1.731.4376.00%20.90%28.97%
JNJ
JOHNSON & JOHNSON
$357.58B54.00%22.10%34.12%67.40%1.461.1769.80%47.00%51.41%
NBIX
NEUROCRINE BIOSCIENCES INC
$14.26B17.50%12.10%17.20%19.50%0.462.5298.00%18.70%23.94%
LNTH
LANTHEUS HOLDINGS INC
$5.23B61.10%29.00%38.47%55.10%0.944.8464.00%33.70%44.90%
BMRN
BIOMARIN PHARMACEUTICAL INC
$15.59B4.20%3.00%4.40%4.50%0.362.7479.20%8.30%10.30%
VYGR
VOYAGER THERAPEUTICS INC
$485.45M63.90%40.80%42.55%106.20%0.494.96100.00%52.90%48.81%
PCRX
PACIRA BIOSCIENCES INC
$1.23B5.10%2.70%5.55%6.40%0.815.2472.60%6.20%12.15%
SIGA
SIGA TECHNOLOGIES INC
$738.64M44.80%36.60%43.84%172.00%0.294.4287.30%48.60%62.73%
UTHR
UNITED THERAPEUTICS CORP
$11.56B18.70%15.40%25.55%25.60%0.223.7888.90%42.00%57.63%
EXEL
EXELIXIS INC
$6.38B8.90%6.90%10.64%10.90%0.323.4795.70%11.10%14.00%
AMPH
AMPHASTAR PHARMACEUTICALS INC
$2.05B23.20%10.60%15.26%21.50%1.372.1754.50%21.30%30.50%
SEM
SELECT MEDICAL HOLDINGS CORP
$4.18B20.90%3.50%8.44%7.40%4.531.2214.40%4.00%8.30%
CNC
CENTENE CORP
$40.10B10.50%3.30%8.85%17.20%2.061.1711.20%1.80%2.84%
HALO
HALOZYME THERAPEUTICS INC
$5.18B204.80%15.80%22.65%17.70%19.686.6476.80%34.00%44.27%
GMAB
GENMAB A
$19.20B17.60%15.70%23.76%41.70%0.1312.4697.70%30.70%45.37%
ASTH
ASTRANA HEALTH INC
$2.12B10.40%6.00%15.22%25.10%0.852.1115.50%4.40%7.85%
WST
WEST PHARMACEUTICAL SERVICES INC
$26.70B20.40%15.30%23.43%27.50%0.342.6137.20%19.40%23.64%
MDT
MEDTRONIC PLC
$108.56B8.20%4.60%7.65%12.60%0.752.3065.50%13.00%19.19%
MCK
MCKESSON CORP
$70.09B-163.40%4.60%24.54%50.10%-33.220.924.10%1.00%1.21%
ROIV
ROIVANT SCIENCES LTD
$9.35B196.20%128.50%64.37%590.00%0.1227.7987.60%3,624.10%3,691.45%
STAA
STAAR SURGICAL CO
$2.25B5.90%4.70%6.30%8.70%0.275.6278.40%6.60%8.28%
RPRX
ROYALTY PHARMA PLC
$17.02B11.50%6.80%8.15%6.20%0.627.90100.00%48.20%56.15%
NSYS
NORTECH SYSTEMS INC
$41.60M22.10%9.80%12.26%10.50%1.132.2116.60%4.90%4.27%
COLL
COLLEGIUM PHARMACEUTICAL INC
$1.18B25.50%4.10%23.21%26.00%4.851.1757.50%8.50%28.07%
CVS
CVS HEALTH CORP
$70.26B9.80%2.90%7.59%10.70%2.370.8114.90%2.00%3.50%
OSUR
ORASURE TECHNOLOGIES INC
$405.88M13.20%11.60%12.69%29.00%0.129.7842.30%13.20%13.87%
SLP
SIMULATIONS PLUS INC
$963.47M6.10%5.60%7.06%15.90%0.108.8175.10%16.30%19.59%
AMN
AMN HEALTHCARE SERVICES INC
$2.27B25.00%7.60%14.92%21.00%2.521.2833.00%5.60%8.93%
ZBH
ZIMMER BIOMET HOLDINGS INC
$24.80B7.70%4.50%6.42%11.30%0.701.6671.90%12.90%16.08%
CHE
CHEMED CORP
$8.65B26.60%17.50%25.29%69.20%0.461.9135.50%12.40%15.94%
UTMD
UTAH MEDICAL PRODUCTS INC
$249.04M13.50%12.70%15.36%102.70%0.0622.5659.80%33.10%40.00%
COR
CENCORA INC
$44.69B231.30%2.90%17.93%93.70%57.830.893.40%0.70%0.91%
HUM
HUMANA INC
$38.47B12.00%3.80%10.72%15.40%2.101.6716.10%1.80%2.98%
VEEV
VEEVA SYSTEMS INC
$32.77B12.30%9.80%12.43%19.10%0.274.2471.30%22.20%24.88%
VMD
VIEMED HEALTHCARE INC
$319.11M9.30%6.80%12.12%16.40%0.331.2861.10%5.30%7.79%
ADUS
ADDUS HOMECARE CORP
$1.59B9.20%6.40%10.51%39.20%0.451.3832.10%5.90%8.73%
MEIP
MEI PHARMA INC
$21.32M39.70%18.30%28.15%27.70%0.328.23100.00%27.30%27.32%
CAH
CARDINAL HEALTH INC
$24.01B-16.90%1.20%10.39%24.00%-15.050.983.30%0.30%0.45%
HCM
HUTCHMED (CHINA) LTD
$3.45B15.00%8.70%12.10%19.90%0.732.7254.10%12.00%12.65%
ALGN
ALIGN TECHNOLOGY INC
$21.63B12.50%7.50%16.09%24.80%0.641.2370.10%11.80%16.98%
TGTX
TG THERAPEUTICS INC
$2.55B31.30%13.10%19.62%21.90%1.333.6293.50%14.20%18.55%
DXCM
DEXCOM INC
$51.56B29.40%9.80%16.25%12.00%1.892.9062.80%16.80%20.89%
KMDA
KAMADA LTD
$328.21M4.00%2.50%3.19%8.70%0.453.4338.90%5.80%6.83%
SNY
SANOFI
$124.79B7.30%4.30%8.13%21.30%0.701.2769.30%11.60%17.90%
PRVA
PRIVIA HEALTH GROUP INC
$2.26B4.30%2.40%3.70%99.40%0.701.819.70%1.40%1.37%
HSIC
HENRY SCHEIN INC
$8.81B11.60%4.40%7.90%12.40%1.481.6731.30%3.40%5.05%
LMAT
LEMAITRE VASCULAR INC
$1.68B10.50%9.10%12.46%20.60%0.166.5165.70%15.60%20.40%
AZN
ASTRAZENECA PLC
$234.88B16.80%6.40%12.41%24.90%1.730.8982.00%13.30%19.12%
IRMD
IRADIMED CORP
$552.03M24.60%20.50%28.15%75.10%0.169.4476.60%26.50%33.44%
PODD
INSULET CORP
$12.33B34.40%8.50%11.74%9.70%2.533.5168.30%12.20%14.78%
ZYXI
ZYNEX INC
$341.27M16.30%5.80%11.98%10.10%2.813.5979.70%4.30%6.63%
ABT
ABBOTT LABORATORIES
$183.77B14.70%7.70%12.26%20.50%0.861.6055.10%14.00%17.76%
UNH
UNITEDHEALTH GROUP INC
$455.79B26.60%8.00%18.09%39.30%1.970.7924.50%6.00%8.50%
BRKR
BRUKER CORP
$9.98B34.20%10.90%17.88%20.00%2.061.8051.00%14.40%18.38%
EW
EDWARDS LIFESCIENCES CORP
$51.22B21.10%15.10%18.90%27.30%0.363.7676.60%23.00%26.54%
GMED
GLOBUS MEDICAL INC
$6.81B4.10%3.30%3.09%7.10%0.274.8865.10%7.80%9.26%
FONR
FONAR CORP
$118.18M7.60%6.10%8.95%10.30%0.289.3545.70%11.90%16.44%
NVS
NOVARTIS AG
$199.41B34.60%14.60%25.83%49.40%1.380.9072.80%30.50%33.65%
BIIB
BIOGEN INC
$32.24B7.90%4.40%5.67%8.40%0.752.1075.00%12.10%13.69%
ICLR
ICON PLC
$26.06B7.50%4.00%7.31%20.70%0.811.2129.60%8.30%12.52%
LLY
ELI LILLY & CO
$728.66B53.50%10.20%16.67%16.00%3.981.3580.20%17.10%21.04%
MDXG
MIMEDX GROUP INC
$1.05B103.30%35.90%25.77%43.20%0.423.2983.50%22.20%13.82%
PEN
PENUMBRA INC
$8.19B8.30%6.20%5.67%6.70%0.326.0664.50%8.60%7.52%
PDCO
PATTERSON COMPANIES INC
$2.31B18.20%6.70%18.00%15.00%2.031.4321.30%3.00%4.54%
ISRG
INTUITIVE SURGICAL INC
$135.87B15.40%13.30%14.25%22.20%0.135.5566.40%27.20%28.14%
ZTS
ZOETIS INC
$75.72B48.40%16.90%25.91%24.50%1.843.3370.00%27.40%36.90%
BTMD
BIOTE CORP
$451.66M-8.00%2.40%9.29%8.10%-6.535.5168.80%1.80%6.67%
VRTX
VERTEX PHARMACEUTICALS INC
$103.97B22.60%17.30%23.06%69.80%0.293.9987.20%36.70%44.83%
REGN
REGENERON PHARMACEUTICALS INC
$105.63B15.10%11.80%13.36%14.40%0.275.2786.30%29.40%31.40%
DCGO
DOCGO INC
$385.43M2.40%1.60%3.56%7.60%0.621.9931.30%1.10%1.83%
VNDA
VANDA PHARMACEUTICALS INC
$278.48M0.50%0.40%1.13%2.00%0.194.9492.30%1.30%3.29%
STRR
STAR EQUITY HOLDINGS INC
$14.58M42.40%31.80%35.27%72.30%0.163.9926.00%50.70%51.43%
GSK
GSK PLC
$87.86B33.80%7.50%15.50%18.50%3.270.8772.00%14.60%19.50%
TALK
TALKSPACE INC
$537.11M-16.10%-13.50%-19.25%378.60%0.206.4649.60%-12.80%-15.47%
SRPT
SAREPTA THERAPEUTICS INC
$12.76B2.00%0.50%1.30%1.00%2.364.0588.20%1.20%2.43%
ALC
ALCON INC
$39.66B4.80%3.30%3.76%8.00%0.442.2855.50%10.30%10.80%
MMSI
MERIT MEDICAL SYSTEMS INC
$4.62B8.40%4.90%6.65%9.40%0.886.0346.50%7.90%11.10%
DOCS
DOXIMITY INC
$4.59B14.90%12.80%19.42%24.90%0.168.0388.90%29.40%37.15%
OPCH
OPTION CARE HEALTH INC
$5.22B18.90%8.40%15.77%21.90%1.271.7722.40%6.20%9.30%
TCMD
TACTILE SYSTEMS TECHNOLOGY INC
$337.19M15.50%10.10%7.43%11.40%0.414.2671.20%10.20%6.42%
CI
CIGNA GROUP
$97.27B8.10%2.40%5.11%10.40%2.710.8312.40%1.80%2.51%
PINC
PREMIER INC
$2.48B7.10%4.60%7.57%13.40%0.601.4367.10%12.70%18.04%
RVTY
REVVITY INC
$12.70B8.80%5.00%6.72%14.30%0.722.0756.00%25.20%29.60%
SPOK
SPOK HOLDINGS INC
$290.12M10.20%7.40%12.81%34.60%0.341.3380.50%11.90%15.93%
CRL
CHARLES RIVER LABORATORIES INTERNATIONAL INC
$12.08B14.30%6.10%9.98%12.30%1.261.5336.40%11.50%17.25%
SPRO
SPERO THERAPEUTICS INC
$89.42M32.60%18.20%17.49%130.70%0.713.53100.00%22.00%24.48%
BNOX
BIONOMICS LIMITED
$11.41M-80.80%-65.20%-89.96%28,812.60%0.343.81100.00%-140,642.50%-140,487.81%
STE
STERIS PLC
$20.70B9.10%5.10%7.80%12.80%0.782.4343.60%10.50%15.17%
SCYX
SCYNEXIS INC
$65.31M117.60%53.40%62.71%83.80%0.766.2688.90%47.80%50.17%
BDX
BECTON DICKINSON & CO
$68.37B5.10%2.50%4.41%8.00%1.111.4141.20%6.70%10.48%

Healthcare Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
681-0.10%+4.37%-1.88%-19.33%7.54x6.05x+14.52%+2.50%-31.99%+80.65%Strong Buy
66+0.47%-0.04%-3.23%+1.62%38.56x4.23x-23.96%+6.32%+11.12%+10.22%Buy
17+1.17%+3.14%+1.61%+13.48%62.48x6.25x+34.40%+8.36%+14.55%+12.50%Buy
90+0.12%+2.36%+0.74%-4.41%33.38x2.15x+11.85%+3.07%+5.62%+31.34%Strong Buy
12+0.45%-0.17%-0.14%-1.26%19.76x2.91x+19.63%+6.04%+14.09%+16.72%Buy
61+0.60%+0.75%-4.68%-22.85%77.05x3.26x+6.62%+2.09%+5.12%+33.92%Buy
51+1.05%+1.79%-2.06%+8.37%-8.15x4.39x-93.28%+6.63%+13.88%+16.78%Buy
154+0.06%+2.77%-1.93%-11.52%27.44x3.70x+10.37%+5.25%+7.81%+19.24%Buy
9+0.61%-3.39%-4.05%+29.02%26.18x109.61x-9.15%+3.48%+18.94%+10.35%Buy
56+1.16%+1.68%-0.64%-10.06%57.03x3.56x+11.41%+7.79%+10.25%+19.22%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 -31.83% over the past year, underperforming other healthcare stocks by -24 percentage points.

Cross Country Healthcare has an average 1 year price target of $19.50, an upside of 21.72% from Cross Country Healthcare's current stock price of $16.02.

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 10.33% over the past year, overperforming other healthcare stocks by 18 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 0.88% over the past year, overperforming other healthcare stocks by 9 percentage points.

Corcept Therapeutics has an average 1 year price target of $40.67, an upside of 69.66% from Corcept Therapeutics's current stock price of $23.97.

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 54.69%, which is 52 percentage points higher than the healthcare sector average of 2.75%.

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 10.11%, which is 7 percentage points higher than the healthcare sector average of 2.75%.

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 8.72%, which is 6 percentage points higher than the healthcare sector average of 2.75%. 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 0.38% in the last day, and up 2.16% over the last week. Nrx Pharmaceuticals was the among the top gainers in the healthcare sector, gaining 45.71% yesterday.

NRx Pharmaceuticals shares are trading higher after the company announced a statistically significant safety advantage of NRX-101 compared to the standard of care comparator in its recently completed clinical trial in patients with suicidal bipolar depression and plans to seek accelerated approval of NRX-101.

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 -46.65% 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 -37.29% in the past year. It has underperformed other stocks in the healthcare sector by -29 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 10.33% in the past year. It has overperformed other stocks in the healthcare sector by 18 percentage points.

Are healthcare stocks a good buy now?

48.21% of healthcare stocks rated by analysts are a strong buy right now. On average, analysts expect healthcare stocks to rise by 35.62% 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 38.43x.
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.