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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
PHG
KONINKLIJKE PHILIPS NV
$25.36B-3.70%-1.60%-0.77%-1.10%1.441.2041.00%-2.60%-0.90%
QDEL
QUIDELORTHO CORP
$2.87B-38.60%-21.80%-29.34%-36.40%1.031.5648.10%-61.70%-60.72%
GENE
GENETIC TECHNOLOGIES LTD
$526.30k-160.90%-105.50%-252.20%-5,353.20%0.761.6753.50%-150.00%-149.85%
CELU
CELULARITY INC
$58.13M-144.20%-62.20%-246.75%-148.00%4.200.20-25.00%-1,226.70%-1,210.73%
LGVN
LONGEVERON INC
$8.13M-312.50%-171.30%-473.06%-394.60%2.190.7148.50%-2,210.80%-2,129.24%
AORT
ARTIVION INC
$979.09M-3.40%-1.20%3.68%4.40%1.666.0464.70%-2.60%7.37%
GNLX
GENELUX CORP
$98.54M-127.60%-87.40%-152.65%-440.50%0.642.72100.00%-322,287.50%-321,912.50%
MYNZ
MAINZ BIOMED NV
$14.39M-488.00%-145.80%-412.93%-1,525.40%3.740.9756.90%-2,936.50%-2,846.09%
CYTK
CYTOKINETICS INC
$6.24BN/A-67.30%-69.82%-37.00%-3.047.19100.00%-14,141.70%-13,383.53%
BIAF
BIOAFFINITY TECHNOLOGIES INC
$26.35M-132.80%-94.70%-132.12%-374.40%0.532.2232.90%-169.40%-167.97%
THMO
THERMOGENESIS HOLDINGS INC
$4.67M-762.30%-107.50%-401.79%-81.00%11.460.5221.10%-153.40%-74.55%
BNTC
BENITEC BIOPHARMA INC
$88.90M-175.40%-127.80%-187.41%787.20%0.304.18100.00%-309,885.70%-309,542.86%
ICCT
ICORECONNECT INC
$11.47M-606.30%-131.50%-211.32%-355.10%2.320.1177.30%-214.80%-193.19%
MRAI
MARPAI INC
$21.65MN/A-68.70%-230.55%251.90%-3.080.8234.90%-69.50%-65.89%
GYRE
GYRE THERAPEUTICS INC
$1.22B-2,139.50%-131.30%-72.78%-210.70%0.593.2296.00%-60.90%-53.06%
FLGC
FLORA GROWTH CORP
$16.79M-645.00%-204.10%-1,159.29%-830.70%6.741.1321.70%-75.00%-76.81%
KOD
KODIAK SCIENCES INC
$173.37M-81.10%-45.40%-56.78%-104.90%0.8010.12N/AN/AN/A
RARE
ULTRAGENYX PHARMACEUTICAL INC
$3.48B-425.60%-45.90%-57.96%-78.00%8.322.4388.60%-138.60%-139.00%
ILMN
ILLUMINA INC
$17.69B-21.50%-12.30%-12.53%-25.10%0.751.7561.40%-28.70%-23.88%
PLSE
PULSE BIOSCIENCES INC
$431.31M-88.00%-68.30%-98.70%-311.90%0.367.06N/AN/AN/A
OGI
ORGANIGRAM HOLDINGS INC
$190.83MN/AN/AN/AN/A0.223.47N/AN/AN/A
PRTG
PORTAGE BIOTECH INC
$5.06M-232.80%-171.00%-367.80%-197.00%0.552.78N/AN/AN/A
GOVX
GEOVAX LABS INC
$3.92M-346.20%-221.80%-51,181.90%1,985.30%60.870.87N/AN/AN/A
CRDL
CARDIOL THERAPEUTICS INC
$139.09M-99.10%-76.50%-149.52%449.10%0.552.81N/AN/AN/A
CPIX
CUMBERLAND PHARMACEUTICALS INC
$21.43M-25.90%-9.90%-14.10%-23.40%1.981.3783.50%-21.70%-20.01%
CKPT
CHECKPOINT THERAPEUTICS INC
$69.28MN/A-749.80%510.42%230.00%-2.170.54100.00%-76,938.20%-76,938.24%
VIRX
VIRACTA THERAPEUTICS INC
$31.69M-191.60%-79.50%-399.90%-107.40%2.731.35N/AN/AN/A
LXEO
LEXEO THERAPEUTICS INC
$456.29MN/A-58.70%-36.14%-722.40%0.179.16N/AN/AN/A
XLO
XILIO THERAPEUTICS INC
$42.08M-155.60%-90.50%-139.07%-441.60%2.212.19N/AN/AN/A
AVBP
ARRIVENT BIOPHARMA INC
$673.22MN/AN/AN/AN/A0.0332.82N/AN/AN/A
CGON
CG ONCOLOGY INC
$2.00BN/AN/AN/AN/A0.0257.95N/AN/AN/A
LFCR
LIFECORE BIOMEDICAL INC
$179.31M-198.10%-37.80%-38.09%-28.80%-51.652.3927.10%-96.40%-79.02%
AVGR
AVINGER INC
$6.09MN/A-98.60%544.63%-465.80%-5.160.7022.40%-211.60%-228.91%
SANA
SANA BIOTECHNOLOGY INC
$1.93B-89.20%-47.70%-49.10%-99.60%0.826.07N/AN/AN/A
MTNB
MATINAS BIOPHARMA HOLDINGS INC
$42.64M-109.70%-85.70%-132.03%-109.10%0.355.15N/AN/AN/A
CLRB
CELLECTAR BIOSCIENCES INC
$118.30M-1,855.60%-245.60%-191.60%503.40%0.642.54N/AN/AN/A
MURA
MURAL ONCOLOGY PLC
$63.63MN/AN/AN/AN/A0.1211.27N/AN/AN/A
CRGX
CARGO THERAPEUTICS INC
$804.06MN/AN/AN/AN/A0.1316.78N/AN/AN/A
NMRA
NEUMORA THERAPEUTICS INC
$1.54BN/AN/AN/AN/A0.0617.99N/AN/AN/A
RSLS
RESHAPE LIFESCIENCES INC
$4.13M-207.80%-113.20%-231.35%-435.80%0.822.2465.90%-131.00%-130.79%
NVCT
NUVECTIS PHARMA INC
$112.89M-141.60%-104.00%-159.62%406.80%0.413.46N/AN/AN/A
DARE
DARE BIOSCIENCE INC
$49.03MN/A-139.90%612.76%239.80%-2.180.5699.70%-1,024.90%-1,024.93%
ANRO
ALTO NEUROSCIENCE INC
$335.24MN/AN/AN/AN/A0.0926.02N/AN/AN/A
PHVS
PHARVARIS NV
$1.10B-39.70%-37.40%N/A-1,059.80%0.05N/AN/AN/AN/A
KALV
KALVISTA PHARMACEUTICALS INC
$502.88M-86.10%-72.70%-114.19%-116.90%0.295.44N/AN/AN/A
KALA
KALA BIO INC
$18.45M-368.90%-66.90%-82.02%-100.70%6.964.22N/AN/AN/A
ATEC
ALPHATEC HOLDINGS INC
$1.55B-1,767.80%-26.60%-28.72%-22.50%19.632.3965.90%-37.40%-33.98%
XTLB
XTL BIOPHARMACEUTICALS LTD
$14.67M-57.30%-53.90%N/A-151.20%0.09N/AN/AN/AN/A
AHG
AKSO HEALTH GROUP
$16.06M-74.40%-29.80%-104.98%311.80%2.211.467.60%-255.50%-254.11%
TCBP
TC BIOPHARM (HOLDINGS) PLC
$5.59MN/AN/AN/AN/A5.720.88N/AN/AN/A
REVB
REVELATION BIOSCIENCES INC
$3.30M-98.60%-62.70%-94.59%180.20%0.552.80N/AN/AN/A
MIRA
MIRA PHARMACEUTICALS INC
$9.68M-293.50%-229.00%-283.67%-723.70%0.215.70N/AN/AN/A
CARA
CARA THERAPEUTICS INC
$41.01M-174.20%-105.30%-159.94%-190.10%2.025.3875.20%-723.50%-708.22%
STSS
SHARPS TECHNOLOGY INC
$3.45M-102.30%-73.00%-126.20%-160.20%0.431.15N/AN/AN/A
CERE
CEREVEL THERAPEUTICS HOLDINGS INC
$7.67B-98.90%-45.10%-43.07%-39.00%1.0010.22N/AN/AN/A
ASXC
ASENSUS SURGICAL INC
$70.81M-202.90%-126.40%-364.41%-206.60%2.131.00-52.00%-902.20%-899.16%
NEXI
NEXIMMUNE INC
$4.57M-247.20%-167.40%-921.57%-3,024.20%1.451.06N/AN/AN/A
RVP
RETRACTABLE TECHNOLOGIES INC
$30.54M-7.80%-4.30%-5.61%-5.80%0.7711.0220.20%-19.40%-23.59%
APLM
APOLLOMICS INC
$29.71MN/A-261.80%-412.23%-1,989.50%0.342.95N/AN/AN/A
NAMS
NEWAMSTERDAM PHARMA CO NV
$1.81BN/AN/AN/AN/A0.198.17N/AN/AN/A
IMNN
IMUNON INC
$13.16M-122.70%-84.10%-211.37%-180.60%0.692.51N/AN/AN/A
CYBN
CYBIN INC
$143.93M-109.40%-98.20%-58.10%-7,001.60%0.075.76N/AN/AN/A
BCDA
BIOCARDIA INC
$10.70MN/A-261.70%742.60%2,590.70%-2.180.31100.00%-2,208.80%-2,208.76%
ESLA
ESTRELLA IMMUNOPHARMA INC
$36.92M-153.60%-50.30%-71.72%141.60%0.0262.34N/AN/AN/A
VANI
VIVANI MEDICAL INC
$109.68M-93.90%-47.80%-53.25%-65.00%0.875.13N/AN/AN/A
VCNX
VACCINEX INC
$8.78MN/A-461.20%-721.01%837.60%1.781.52100.00%-15,472.60%-15,472.58%
KYTX
KYVERNA THERAPEUTICS INC
$664.84MN/AN/AN/AN/A0.0817.17N/AN/AN/A
PROK
PROKIDNEY CORP
$939.54MN/A-8.10%-8.28%-11.20%-0.0217.62N/AN/AN/A
VERU
VERU INC
$193.23M-96.20%-51.50%-54.52%-144.90%0.594.7234.10%-265.70%-251.71%
ENSC
ENSYSCE BIOSCIENCES INC
$4.73M-511.50%-266.10%-289.15%57,643.40%0.442.87N/AN/AN/A
CTLT
CATALENT INC
$10.02B-28.30%-11.40%-11.24%-9.80%1.742.5119.00%-28.40%-24.11%
BSGM
BIOSIG TECHNOLOGIES INC
$18.48MN/A-818.40%1,043.14%4,502.50%-1.550.12100.00%-161,388.90%-161,338.89%
STXS
STEREOTAXIS INC
$173.55M-119.50%-48.70%-74.71%-139.20%1.332.4355.20%-78.30%-73.32%
RGC
REGENCELL BIOSCIENCE HOLDINGS LTD
$67.80M-40.40%-38.30%-48.87%-51.70%0.0519.15N/AN/AN/A
PHIO
PHIO PHARMACEUTICALS CORP
$3.61M-123.20%-98.60%-167.34%910.70%0.225.48N/AN/AN/A
TPST
TEMPEST THERAPEUTICS INC
$70.65M-232.40%-79.00%-83.97%-115.70%1.153.13N/AN/AN/A
SLRX
SALARIUS PHARMACEUTICALS INC
$2.36M-152.20%-111.70%-244.34%700.00%0.343.91N/AN/AN/A
OPK
OPKO HEALTH INC
$920.03M-18.00%-12.30%-13.15%-31.50%0.581.9232.60%-31.60%-29.11%
LIXT
LIXTE BIOTECHNOLOGY HOLDINGS INC
$5.53M-127.30%-115.60%-149.41%2,076.80%0.157.76N/AN/AN/A
SCPX
SCORPIUS HOLDINGS INC
$3.71M-101.40%-61.80%-109.95%-77.40%0.720.4760.90%-646.40%-643.50%
AIMD
AINOS INC
$6.54M-55.40%-45.00%-57.41%-293.60%0.310.32-160.60%51,221.70%50,573.13%
CHRO
CHROMOCELL THERAPEUTICS CORP
$10.09MN/A-848.30%-697.42%189.50%2.571.39N/AN/AN/A
ASMB
ASSEMBLY BIOSCIENCES INC
$80.11M-120.60%-54.80%-63.26%-102.10%2.683.02N/AN/AN/A
EDSA
EDESA BIOTECH INC
$14.63M-115.60%-88.90%-167.52%1,392.30%0.501.97N/AN/AN/A
PAVM
PAVMED INC
$16.88MN/A-171.10%343.64%-751.80%-0.840.54-126.10%-2,355.90%-2,023.67%
CMMB
CHEMOMAB THERAPEUTICS LTD
$11.96M-109.90%-83.70%-142.22%-202.50%0.353.83N/AN/AN/A
ANL
ADLAI NORTYE LTD
$488.44MN/A-103.40%-129.50%-610.70%0.642.01100.00%-2,097.40%-2,068.74%
CRIS
CURIS INC
$69.55M-224.80%-60.90%-94.10%-136.10%5.564.0897.60%-486.40%-486.45%
CNTX
CONTEXT THERAPEUTICS INC
$150.00M-136.00%-109.50%-252.55%987.00%0.314.23N/AN/AN/A
KZIA
KAZIA THERAPEUTICS LTD
$7.43M-186.40%-60.10%-122.43%1,002.70%3.630.71100.00%-68,256.80%-69,438.83%
OMI
OWENS & MINOR INC
$1.42B-4.30%-0.70%3.15%2.90%4.821.1620.80%-0.40%0.99%
SMMT
SUMMIT THERAPEUTICS INC
$3.12B-136.10%-55.50%-75.66%-52.20%3.006.97N/AN/AN/A
VRPX
VIRPAX PHARMACEUTICALS INC
$914.73k-345.90%-161.80%1,391.93%366.50%-3.580.72N/AN/AN/A
SNOA
SONOMA PHARMACEUTICALS INC
$3.68M-73.60%-33.60%-44.38%-55.70%1.184.0736.70%-41.20%-41.62%
PTCT
PTC THERAPEUTICS INC
$2.54BN/A-36.90%-41.41%-68.20%-3.002.0392.90%-62.40%-54.24%
RHE
REGIONAL HEALTH PROPERTIES INC
$5.02M14,568.60%64.00%N/A-0.10%-84.41N/A47.00%233.20%-0.64%
WORX
SCWORX CORP
$2.58M-25.60%-18.40%-26.59%106.10%0.430.1834.20%-42.60%-42.43%
MBIO
MUSTANG BIO INC
$3.90M-1,243.20%-195.60%1,305.90%5,167.30%-3.950.53N/AN/AN/A
MRSN
MERSANA THERAPEUTICS INC
$334.05M-260.70%-54.00%-90.17%-168.80%6.093.51100.00%-352.00%-341.33%
JAGX
JAGUAR HEALTH INC
$76.53M-639.90%-75.30%-89.19%-85.90%3.421.8979.10%-377.90%-330.49%

Healthcare Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
679-0.70%+1.84%+3.96%-19.69%8.47x6.01x+18.62%+3.83%-27.52%+77.73%Strong Buy
64-0.44%+1.56%+12.99%+11.25%38.96x4.47x-13.18%+6.48%+11.49%+5.02%Buy
18-0.03%+1.66%+7.51%+18.11%31.85x6.42x+33.60%+8.10%+14.22%+11.01%Buy
87-0.75%+1.10%+5.60%-1.99%-1.01x2.20x+12.36%+3.36%+6.05%+32.29%Strong Buy
12+0.52%+1.22%+4.66%+4.46%25.53x3.07x+15.18%+4.74%+11.78%+11.78%Buy
61+0.25%+2.04%-0.03%-19.66%9.15x3.33x+6.71%+2.23%+5.33%+26.88%Buy
51-0.09%+0.01%+4.96%+11.10%39.23x4.59x-92.23%+6.58%+13.66%+15.22%Buy
150-0.35%+1.37%+2.08%-13.46%30.60x4.00x+7.35%+5.26%+8.26%+19.86%Buy
10+0.87%+0.34%+1.16%+26.37%26.84x107.17x-11.87%+3.44%+19.58%+10.98%Buy
56+0.16%+1.85%+6.62%-5.76%59.83x3.64x+11.25%+7.73%+10.05%+18.23%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 -42.43% over the past year, underperforming other healthcare stocks by -37 percentage points.

Cross Country Healthcare has an average 1 year price target of $19.50, an upside of 33.84% from Cross Country Healthcare's current stock price of $14.57.

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 14.93% 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 44.77% from Corcept Therapeutics's current stock price of $28.09.

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. Kamada (NASDAQ:KMDA)


Kamada (NASDAQ:KMDA) is the third best healthcare stock with a Zen Score of 65, which is 41 points higher than the healthcare sector average of 24. It passed 20 out of 33 due diligence checks and has strong fundamentals. Kamada has seen its stock return 12.82% over the past year, overperforming other healthcare stocks by 19 percentage points.

Kamada has an average 1 year price target of $11.00, an upside of 104.84% from Kamada's current stock price of $5.37.

Kamada stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Kamada, 0% have issued a Strong Buy rating, 100% 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 71 healthcare stocks that have issued dividends in the past year, the 3 healthcare stocks with the highest dividend yields are:

1. Sanofi (NASDAQ:SNY)


Sanofi (NASDAQ:SNY) has an annual dividend yield of 8.1%, which is 6 percentage points higher than the healthcare sector average of 2.05%. 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.

2. Spok Holdings (NASDAQ:SPOK)


Spok Holdings (NASDAQ:SPOK) has an annual dividend yield of 7.93%, which is 6 percentage points higher than the healthcare sector average of 2.05%. 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. Siga Technologies (NASDAQ:SIGA)


Siga Technologies (NASDAQ:SIGA) has an annual dividend yield of 7.88%, which is 6 percentage points higher than the healthcare sector average of 2.05%.

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

Why are healthcare stocks down?

Healthcare stocks were down -0.28% in the last day, and up 1.47% over the last week. Heart Test Laboratories was the among the top losers in the healthcare sector, dropping -38.37% yesterday.

Heart Test Laboratories shares are trading lower after the company's 1-for-100 reverse stock split began trading on a split-adjusted basis.

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 -44.03% in the past year. It has underperformed other stocks in the healthcare sector by -38 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 -23.81% in the past year. It has underperformed other stocks in the healthcare sector by -18 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 -42.43% in the past year. It has underperformed other stocks in the healthcare sector by -37 percentage points.

Are healthcare stocks a good buy now?

50.29% of healthcare stocks rated by analysts are a strong buy right now. On average, analysts expect healthcare stocks to rise by 32.6% 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 27.53x.
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.