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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
SVRA
SAVARA INC
$683.83M-46.30%-35.90%-30.10%-35.10%0.2715.66N/AN/AN/A
NURO
NEUROMETRIX INC
$8.74M-31.30%-29.30%-32.35%-33.60%0.0716.8166.90%-110.60%-110.64%
BPMC
BLUEPRINT MEDICINES CORP
$6.65B-120.70%-26.80%-32.31%-24.50%2.343.7695.90%-102.20%-95.25%
OMIC
SINGULAR GENOMICS SYSTEMS INC
$31.94M-45.30%-33.30%-37.92%-34.40%0.4810.51-19.20%-3,257.30%-3,219.48%
DNTH
DIANTHUS THERAPEUTICS INC
$701.97M-34.90%-32.60%-25.65%-174.30%0.0618.43100.00%-1,541.20%-1,541.22%
RIGL
RIGEL PHARMACEUTICALS INC
$213.96MN/A-21.20%-28.49%-24.20%-5.091.8693.90%-21.50%-15.59%
PROF
PROFOUND MEDICAL CORP
$158.46M-82.00%-62.90%-89.02%-182.50%0.416.5860.90%-463.60%-464.26%
LSTA
LISATA THERAPEUTICS INC
$23.01M-37.90%-34.50%-48.17%-82.70%0.148.18N/AN/AN/A
DTIL
PRECISION BIOSCIENCES INC
$73.73M-200.80%-34.50%-53.82%-2,413.80%7.472.73100.00%-125.80%-121.27%
ICAD
ICAD INC
$37.95M-15.30%-10.80%-13.88%-64.20%0.244.4085.40%-28.00%-27.78%
TWST
TWIST BIOSCIENCE CORP
$2.60B-31.60%-25.40%-30.10%-52.80%0.265.5138.30%-69.20%-68.93%
NVNO
ENVVENO MEDICAL CORP
$67.78M-70.20%-64.70%-49.75%-72.70%0.0534.23N/AN/AN/A
EVGN
EVOGENE LTD
$36.07M-142.70%-45.10%-51.97%-102.80%1.864.9670.00%-423.40%-406.86%
LFMD
LIFEMD INC
$502.15MN/A-56.30%-74.14%476.20%15.101.2387.60%-15.50%-11.52%
TCRX
TSCAN THERAPEUTICS INC
$421.84M-60.60%-33.90%-35.27%-50.20%0.806.51100.00%-423.90%-406.00%
LABP
LANDOS BIOPHARMA INC
$69.04M-54.90%-49.10%-69.00%918.60%0.206.09N/AN/AN/A
ELVN
ENLIVEN THERAPEUTICS INC
$947.69M-26.60%-25.20%-29.10%-58.80%0.1110.28N/AN/AN/A
TERN
TERNS PHARMACEUTICALS INC
$374.33M-33.50%-31.90%-35.07%-51.30%0.0522.39N/AN/AN/A
TBPH
THERAVANCE BIOPHARMA INC
$462.38M-19.90%-12.40%-13.13%-12.70%0.795.39100.00%-96.10%-81.71%
TELA
TELA BIO INC
$113.14M-201.60%-58.60%-67.85%-78.80%3.134.2368.60%-79.80%-70.90%
ZCMD
ZHONGCHAO INC
$3.88M-47.30%-36.00%-55.23%-72.90%0.196.9943.80%-58.30%-61.78%
ATOS
ATOSSA THERAPEUTICS INC
$215.52M-29.50%-28.50%-33.06%-567.50%0.0617.61N/AN/AN/A
VTRS
VIATRIS INC
$14.04B0.30%0.10%1.94%2.80%1.331.6741.70%0.40%5.03%
TNDM
TANDEM DIABETES CARE INC
$2.81B-47.20%-15.00%-16.85%-11.40%2.873.8149.30%-18.40%-16.37%
FDMT
4D MOLECULAR THERAPEUTICS INC
$1.33B-34.10%-31.10%-31.42%-88.20%0.1015.65100.00%-486.60%-486.59%
AUGX
AUGMEDIX INC
$131.60M-308.50%-41.60%-38.92%-82.90%1.862.4148.00%-42.70%-37.39%
AVXL
ANAVEX LIFE SCIENCES CORP
$315.31M-30.30%-27.90%-31.75%510.50%0.0911.85N/AN/AN/A
CRDF
CARDIFF ONCOLOGY INC
$154.75M-54.60%-47.10%-64.68%-68.40%0.225.91100.00%-6,598.90%-6,594.92%
TTNP
TITAN PHARMACEUTICALS INC
$6.29M-165.90%-105.70%-83.85%1,677.40%0.225.55100.00%-3,026.60%-3,026.63%
BOLT
BOLT BIOTHERAPEUTICS INC
$41.94M-51.20%-37.80%-49.66%-40.20%0.425.17100.00%-878.60%-878.58%
ABIO
ARCA BIOPHARMA INC
$46.71M-16.10%-15.50%-17.09%1,869.80%0.0523.19N/AN/AN/A
IOBT
IO BIOTECH INC
$98.16M-66.30%-59.60%-63.13%3,838.80%0.139.37N/AN/AN/A
GRFS
GRIFOLS SA
$4.83B1.00%0.30%3.66%3.50%2.312.7937.80%0.90%10.61%
PMCB
PHARMACYTE BIOTECH INC
$18.20M-25.10%-15.20%-1.79%150.70%0.728.16N/AN/AN/A
DMTK
DERMTECH INC
$21.71M-124.00%-67.90%-93.00%-69.90%1.134.591.80%-659.60%-659.57%
CABA
CABALETTA BIO INC
$620.39M-40.80%-37.90%-28.48%-171.20%0.0715.29N/AN/AN/A
ATXS
ASTRIA THERAPEUTICS INC
$536.40M-34.70%-33.40%-29.98%-138.70%0.0521.73N/AN/AN/A
CLPT
CLEARPOINT NEURO INC
$160.24M-83.90%-47.90%-63.79%-80.40%1.024.8756.80%-92.20%-93.82%
SNSE
SENSEI BIOTHERAPEUTICS INC
$46.13M-44.00%-38.60%-49.41%-43.30%0.1511.92N/AN/AN/A
ETNB
89BIO INC
$896.68M-31.00%-27.80%-23.56%-61.00%0.1120.04N/AN/AN/A
EGRX
EAGLE PHARMACEUTICALS INC
$59.35M5.00%3.00%11.08%19.30%0.612.1669.80%4.60%13.69%
SDGR
SCHRODINGER INC
$1.75B-25.60%-18.00%-26.43%-28.20%0.444.6460.40%-75.90%-88.52%
RXRX
RECURSION PHARMACEUTICALS INC
$2.10B-72.90%-50.90%-59.25%-302.50%0.414.704.50%-736.00%-745.10%
ICCM
ICECURE MEDICAL LTD
$54.42M-87.00%-68.60%-124.22%-259.00%0.353.6640.30%-453.80%-482.38%
CMAX
CAREMAX INC
$11.75M-156.20%-69.60%-341.36%-100.50%9.140.421.90%-91.00%-83.85%
PULM
PULMATRIX INC
$6.79M-63.90%-40.90%-46.99%-132.90%0.895.33100.00%-193.50%-193.49%
OPTN
OPTINOSE INC
$128.42MN/A-33.00%23.19%348.10%-2.240.6087.80%-50.00%-22.48%
DVAX
DYNAVAX TECHNOLOGIES CORP
$1.52B-1.10%-0.70%0.26%0.20%0.6013.8178.40%-2.80%1.03%
PACS
PACS GROUP INC
N/AN/AN/A6.78%N/A35.491.5814.40%3.60%6.66%
QIPT
QUIPT HOME MEDICAL CORP
$165.04M-3.60%-1.50%2.22%3.00%1.211.1327.20%-1.50%1.68%
NARI
INARI MEDICAL INC
$2.43B-5.20%-3.90%-1.81%-3.30%0.482.7187.70%-4.50%-2.00%
MNKD
MANNKIND CORP
$1.19BN/A-3.40%3.98%2.70%-2.933.5968.50%-6.00%7.43%
PHAR
PHARMING GROUP NV
$652.62M-5.10%-2.40%-3.12%-3.50%1.124.0689.70%-4.30%-4.90%
AXSM
AXSOME THERAPEUTICS INC
$3.61B-134.20%-50.50%-72.88%-157.50%2.793.2090.10%-118.10%-116.61%
GTHX
G1 THERAPEUTICS INC
$223.24M-74.80%-24.30%-26.72%-17.30%2.682.9491.90%-36.40%-22.07%
ADPT
ADAPTIVE BIOTECHNOLOGIES CORP
$467.20M-60.50%-30.70%-36.89%-32.20%1.144.6655.60%-132.30%-124.18%
ECOR
ELECTROCORE INC
$42.02M-201.50%-109.60%-238.38%2,673.20%1.161.7682.50%-117.50%-118.65%
FOLD
AMICUS THERAPEUTICS INC
$3.05B-119.50%-20.40%-16.38%-16.80%3.862.8890.70%-38.00%-25.03%
AKYA
AKOYA BIOSCIENCES INC
$202.46M-110.20%-36.10%-37.60%-53.60%2.353.4558.30%-65.50%-56.42%
URGN
UROGEN PHARMA LTD
$472.59MN/A-70.50%-56.84%-56.20%-3.735.4288.70%-123.60%-101.08%
EXAS
EXACT SCIENCES CORP
$11.50B-6.60%-3.20%-3.06%-5.00%1.062.3273.80%-8.20%-7.29%
BYSI
BEYONDSPRING INC
$88.99MN/A-59.20%-124.15%-333.90%-1.802.32100.00%-1,200.80%-1,194.75%
OCGN
OCUGEN INC
$419.44M-103.00%-77.80%-132.91%-409.40%0.592.52100.00%-1,045.00%-1,045.03%
AMWL
AMERICAN WELL CORP
$168.39M-69.90%-54.90%-78.63%-312.50%0.313.8234.50%-137.30%-135.89%
PSTX
POSEIDA THERAPEUTICS INC
$273.06M-94.90%-42.20%-56.60%-42.10%1.643.18100.00%-190.80%-177.20%
TARS
TARSUS PHARMACEUTICALS INC
$1.27B-74.30%-58.20%-57.99%-164.60%0.356.9390.90%-778.90%-759.71%
BLRX
BIOLINERX LTD
$52.27M-280.20%-99.20%-176.72%77,667.80%3.831.5323.10%-1,262.80%-1,217.60%
TLPH
TALPHERA INC
$17.48M-128.90%-83.90%-114.98%-248.50%0.452.56100.00%-2,826.00%-2,805.38%
CVAC
CUREVAC NV
$659.65M-41.90%-29.70%-42.78%-109.20%0.532.57-131.30%-484.00%-478.95%
BGLC
BIONEXUS GENE LAB CORP
$10.51M-33.00%-27.00%-26.55%-42.20%0.184.9313.60%-26.90%-26.54%
TCRT
ALAUNOS THERAPEUTICS INC
$21.14M-197.00%-134.80%-526.70%-735.90%0.314.22100.00%-702,800.00%-664,380.00%
BLFS
BIOLIFE SOLUTIONS INC
$822.20M-19.30%-15.60%-17.39%-42.30%0.222.8632.60%-46.40%-44.98%
SILO
SILO PHARMA INC
$4.98M-47.10%-39.00%-53.02%-56.50%0.259.9091.90%-5,132.60%-5,125.81%
LNSR
LENSAR INC
$36.58M-40.50%-21.80%-24.81%-54.40%0.673.9950.10%-34.10%-34.10%
PNTG
PENNANT GROUP INC
$648.09M11.90%3.10%5.82%4.60%2.811.1612.70%2.90%5.09%
RDNT
RADNET INC
$3.56B0.60%0.10%3.37%2.80%2.981.3213.70%0.20%4.70%
RPTX
REPARE THERAPEUTICS INC
$143.42M-39.80%-31.80%-48.03%-79.80%0.206.24100.00%-183.40%-201.79%
SWTX
SPRINGWORKS THERAPEUTICS INC
$3.43B-66.50%-57.30%-57.67%-82.40%0.166.8593.90%-1,281.80%-1,281.78%
CLLS
CELLECTIS SA
$240.37M-108.90%-39.50%-33.52%-32.00%2.951.5092.00%-1,099.30%-653.17%
BRTX
BIORESTORATIVE THERAPIES INC
$10.02M-114.70%-107.20%-124.83%-141.20%0.0910.71100.00%-9,887.20%-9,887.16%
AADI
AADI BIOSCIENCE INC
$49.11M-52.50%-44.30%-61.81%-91.00%0.264.7288.50%-270.00%-269.09%
INVA
INNOVIVA INC
$976.86M29.70%15.40%17.69%18.60%0.849.0386.30%57.90%68.69%
IMRN
IMMURON LTD
$14.38M-20.00%-18.10%-21.93%-143.60%0.138.5268.80%-108.50%-108.26%
HOWL
WEREWOLF THERAPEUTICS INC
$259.86M-36.20%-23.30%-23.94%-51.60%0.516.71100.00%-256.30%-230.79%
HOOK
HOOKIPA PHARMA INC
$87.08M-85.70%-48.00%-67.78%-567.50%0.803.50100.00%-405.30%-401.88%
MRVI
MARAVAI LIFESCIENCES HOLDINGS INC
$2.27B-24.10%-5.70%48.78%48.90%1.678.0048.50%-41.20%236.37%
EVH
EVOLENT HEALTH INC
$3.14B-13.00%-5.40%-7.39%-22.10%1.341.0123.40%-7.20%-7.55%
BNR
BURNING ROCK BIOTECH LTD
$83.28M-71.70%-52.80%-83.86%-261.80%0.353.3667.60%-121.60%-121.19%
IPHA
INNATE PHARMA SA
$200.33M-14.30%-3.90%-3.97%-4.90%2.553.73100.00%-12.30%-9.30%
ZJYL
JIN MEDICAL INTERNATIONAL LTD
$577.60M14.70%10.70%12.67%19.40%0.373.4934.20%14.50%15.33%
OCX
ONCOCYTE CORP
$22.92M-82.30%-35.20%-40.96%-523.20%2.411.4927.50%-1,911.00%-1,844.91%
CANF
CAN-FITE BIOPHARMA LTD
$8.61M-142.50%-79.20%-95.80%-201.00%0.604.91100.00%-1,027.50%-1,027.46%
CRVO
CERVOMED INC
$150.13M-18.30%-15.50%-29.44%2,155.30%0.353.84100.00%-30.40%-30.40%
VRAX
VIRAX BIOLABS GROUP LTD
$1.14M-129.10%-112.40%-110.73%-1,512.40%0.157.5911.40%-8,730.70%-8,710.56%
DOMH
DOMINARI HOLDINGS INC
$13.35M-37.80%-34.90%-40.90%-36.80%0.0917.51100.00%-1,122.20%-1,122.22%
XBIT
XBIOTECH INC
$285.63M-10.80%-10.50%-11.03%-45.00%0.0433.07N/AN/AN/A
PHR
PHREESIA INC
$1.28B-53.30%-38.00%-52.86%-328.10%0.471.7865.20%-38.40%-38.61%
QLI
QILIAN INTERNATIONAL HOLDING GROUP LTD
$25.03M-16.20%-13.40%-17.18%-20.50%0.165.183.80%-16.70%-16.48%
CMPS
COMPASS PATHWAYS PLC
$553.00M-58.70%-49.50%-45.04%-174.80%0.2213.33N/AN/AN/A
CERS
CERUS CORP
$330.95M-62.80%-15.90%-16.85%-11.00%2.822.4161.70%-16.50%-11.59%
1...456...12

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.