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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
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
NMTC
NEUROONE MEDICAL TECHNOLOGIES CORP
$29.72M$1.08N/AN/AN/AN/AN/AN/AN/AN/A
GENE
GENETIC TECHNOLOGIES LTD
$526.30k$2.28N/AN/AN/AN/AN/AN/AN/AN/A
POCI
PRECISION OPTICS CORPORATION INC
$38.96M$6.42N/AN/AN/AN/AN/AN/AN/AN/A
SNTI
SENTI BIOSCIENCES INC
$17.48M$0.38N/AN/AN/AN/A198.04%N/AN/AN/A
MYNZ
MAINZ BIOMED NV
$14.39M$0.68$3.00341.18%Buy1N/AN/AN/AN/A
ICCT
ICORECONNECT INC
$11.47M$1.12N/AN/AN/AN/AN/AN/AN/AN/A
BNTC
BENITEC BIOPHARMA INC
$88.90M$9.49$16.0068.60%Buy12,915.72%N/AN/AN/A
GNLX
GENELUX CORP
$98.54M$3.65$31.00749.32%Buy22,630.96%N/AN/AN/A
AORT
ARTIVION INC
$979.09M$23.46$27.5017.22%Strong Buy28.45%N/AN/AN/A
BIAF
BIOAFFINITY TECHNOLOGIES INC
$26.35M$2.26N/AN/AN/AN/AN/AN/AN/AN/A
MRAI
MARPAI INC
$21.65M$2.10$6.00185.71%Strong Buy1N/AN/AN/AN/A
LGVN
LONGEVERON INC
$8.13M$1.28$12.00837.50%Buy1132.36%N/AN/AN/A
CYTK
CYTOKINETICS INC
$6.24B$59.53$95.0059.58%Buy10318.07%N/AN/AN/A
GYRE
GYRE THERAPEUTICS INC
$1.22B$14.24N/AN/AN/AN/A0.83%N/AN/AN/A
CELU
CELULARITY INC
$58.13M$3.00N/AN/AN/AN/A73.55%N/AN/AN/A
THMO
THERMOGENESIS HOLDINGS INC
$4.67M$0.59N/AN/AN/AN/A39.92%N/AN/AN/A
VIRX
VIRACTA THERAPEUTICS INC
$31.69M$0.81$8.50953.28%Buy2N/AN/AN/AN/A
CYBN
CYBIN INC
$143.93M$0.35$5.001,328.57%Buy1N/AN/AN/AN/A
ASXC
ASENSUS SURGICAL INC
$70.81M$0.26$0.3534.62%Hold180.07%N/AN/AN/A
OGI
ORGANIGRAM HOLDINGS INC
$190.83M$2.02N/AN/AN/AN/AN/AN/AN/AN/A
KYTX
KYVERNA THERAPEUTICS INC
$664.84M$15.42$39.50156.16%Strong Buy2N/AN/AN/AN/A
STXS
STEREOTAXIS INC
$173.55M$2.10$4.50114.29%Strong Buy2N/AN/AN/AN/A
STSS
SHARPS TECHNOLOGY INC
$3.45M$0.22N/AN/AN/AN/AN/AN/AN/AN/A
XLO
XILIO THERAPEUTICS INC
$42.08M$1.14N/AN/AN/AN/AN/AN/AN/AN/A
AIMD
AINOS INC
$6.54M$1.04N/AN/AN/AN/AN/AN/AN/AN/A
MURA
MURAL ONCOLOGY PLC
$63.63M$3.76$13.00245.74%Strong Buy1N/AN/AN/AN/A
ATEC
ALPHATEC HOLDINGS INC
$1.55B$11.05$21.2592.31%Strong Buy418.64%N/AN/AN/A
AHG
AKSO HEALTH GROUP
$16.06M$0.70N/AN/AN/AN/AN/AN/AN/AN/A
MTNB
MATINAS BIOPHARMA HOLDINGS INC
$42.64M$0.17N/AN/AN/AN/AN/AN/AN/AN/A
VANI
VIVANI MEDICAL INC
$109.68M$2.00N/AN/AN/AN/AN/AN/AN/AN/A
BCDA
BIOCARDIA INC
$10.70M$0.39N/AN/AN/AN/A118.27%N/AN/AN/A
RSLS
RESHAPE LIFESCIENCES INC
$4.13M$0.18N/AN/AN/AN/AN/AN/AN/AN/A
TPST
TEMPEST THERAPEUTICS INC
$70.65M$3.18$25.00686.16%Strong Buy3N/AN/AN/AN/A
CRDL
CARDIOL THERAPEUTICS INC
$139.09M$2.17$9.00314.75%Buy1N/AN/AN/AN/A
CPIX
CUMBERLAND PHARMACEUTICALS INC
$21.43M$1.51N/AN/AN/AN/AN/AN/AN/AN/A
LIXT
LIXTE BIOTECHNOLOGY HOLDINGS INC
$5.53M$2.46N/AN/AN/AN/AN/AN/AN/AN/A
GOVX
GEOVAX LABS INC
$3.92M$1.70N/AN/AN/AN/AN/AN/AN/AN/A
CRGX
CARGO THERAPEUTICS INC
$804.06M$20.42$29.0042.02%Strong Buy3N/AN/AN/AN/A
ENSC
ENSYSCE BIOSCIENCES INC
$4.73M$0.62N/AN/AN/AN/AN/AN/AN/AN/A
ANL
ADLAI NORTYE LTD
$488.44M$13.25N/AN/AN/AN/AN/AN/AN/AN/A
ILMN
ILLUMINA INC
$17.69B$111.07$150.2535.28%Hold84.91%N/AN/AN/A
RARE
ULTRAGENYX PHARMACEUTICAL INC
$3.48B$41.87$80.1191.33%Strong Buy923.15%N/AN/AN/A
CKPT
CHECKPOINT THERAPEUTICS INC
$69.28M$1.88$19.00910.64%Strong Buy21,649.52%N/AN/AN/A
CERE
CEREVEL THERAPEUTICS HOLDINGS INC
$7.67B$42.10$45.006.89%Hold7N/AN/AN/AN/A
VERU
VERU INC
$193.23M$1.32$4.00203.03%Strong Buy4-10.92%N/AN/AN/A
LXEO
LEXEO THERAPEUTICS INC
$456.29M$13.85$21.2053.07%Strong Buy5N/AN/AN/AN/A
SCPX
SCORPIUS HOLDINGS INC
$3.71M$0.10N/AN/AN/AN/A136.49%N/AN/AN/A
ESLA
ESTRELLA IMMUNOPHARMA INC
$36.92M$1.02N/AN/AN/AN/AN/AN/AN/AN/A
DARE
DARE BIOSCIENCE INC
$49.03M$0.49$4.50827.84%Strong Buy2238.23%N/AN/AN/A
TCBP
TC BIOPHARM (HOLDINGS) PLC
$5.59M$1.13N/AN/AN/AN/AN/AN/AN/AN/A
CMMB
CHEMOMAB THERAPEUTICS LTD
$11.96M$0.84$5.67573.84%Strong Buy3N/AN/A-10,239.47%-7,579.68%
RGC
REGENCELL BIOSCIENCE HOLDINGS LTD
$67.80M$5.21N/AN/AN/AN/AN/AN/AN/AN/A
VCNX
VACCINEX INC
$8.78M$5.54N/AN/AN/AN/AN/AN/AN/AN/A
PROK
PROKIDNEY CORP
$939.54M$4.06$2.50-38.35%Hold2N/AN/AN/AN/A
CTLT
CATALENT INC
$10.02B$55.37$59.387.23%Hold46.10%N/AN/AN/A
XTLB
XTL BIOPHARMACEUTICALS LTD
$14.67M$2.69N/AN/AN/AN/AN/AN/AN/AN/A
PHIO
PHIO PHARMACEUTICALS CORP
$3.61M$0.79$4.00408.26%Buy1N/AN/AN/AN/A
NVCT
NUVECTIS PHARMA INC
$112.89M$6.15$21.00241.46%Buy1N/AN/AN/AN/A
CRIS
CURIS INC
$69.55M$11.80$26.00120.34%Strong Buy22.13%N/AN/AN/A
BSGM
BIOSIG TECHNOLOGIES INC
$18.48M$1.65N/AN/AN/AN/A1,384.01%N/AN/AN/A
PLSE
PULSE BIOSCIENCES INC
$431.31M$7.81N/AN/AN/AN/AN/AN/AN/AN/A
ANRO
ALTO NEUROSCIENCE INC
$335.24M$12.47$32.33159.29%Strong Buy3N/AN/AN/AN/A
CARA
CARA THERAPEUTICS INC
$41.01M$0.75$6.20726.67%Strong Buy3-25.18%N/AN/AN/A
LFCR
LIFECORE BIOMEDICAL INC
$179.31M$5.87N/AN/AN/AN/A22.96%N/AN/AN/A
CGON
CG ONCOLOGY INC
$2.00B$29.98$63.75112.64%Strong Buy4N/AN/AN/AN/A
ASMB
ASSEMBLY BIOSCIENCES INC
$80.11M$14.53N/AN/AN/AN/AN/AN/AN/AN/A
PRTG
PORTAGE BIOTECH INC
$5.06M$0.26$6.002,243.75%Buy1N/AN/AN/AN/A
KALV
KALVISTA PHARMACEUTICALS INC
$502.88M$11.92$27.50130.70%Buy2N/AN/AN/AN/A
SANA
SANA BIOTECHNOLOGY INC
$1.93B$8.73$13.5054.64%Buy2N/AN/AN/AN/A
NEXI
NEXIMMUNE INC
$4.57M$3.34N/AN/AN/AN/AN/AN/AN/AN/A
AVGR
AVINGER INC
$6.09M$3.58$5.0039.66%Buy132.67%N/AN/AN/A
CHRO
CHROMOCELL THERAPEUTICS CORP
$10.09M$1.75N/AN/AN/AN/AN/AN/AN/AN/A
PHVS
PHARVARIS NV
$1.10B$20.35$31.5054.79%Buy4N/AN/AN/AN/A
AVBP
ARRIVENT BIOPHARMA INC
$673.22M$20.10$29.2545.52%Strong Buy4N/AN/AN/AN/A
PAVM
PAVMED INC
$16.88M$1.79N/AN/AN/AN/AN/AN/AN/AN/A
NMRA
NEUMORA THERAPEUTICS INC
$1.54B$9.67$26.50174.04%Strong Buy2N/AN/AN/AN/A
REVB
REVELATION BIOSCIENCES INC
$3.30M$2.02N/AN/AN/AN/AN/AN/AN/AN/A
CLRB
CELLECTAR BIOSCIENCES INC
$118.30M$3.30$20.00506.06%Strong Buy2N/AN/AN/AN/A
IMNN
IMUNON INC
$13.16M$1.40$12.00757.14%Buy1N/AN/AN/AN/A
MIRA
MIRA PHARMACEUTICALS INC
$9.68M$0.66N/AN/AN/AN/AN/AN/AN/AN/A
EDSA
EDESA BIOTECH INC
$14.63M$4.55$21.00361.54%Buy1N/AN/AN/AN/A
OPK
OPKO HEALTH INC
$920.03M$1.32$3.17139.92%Strong Buy32.63%N/AN/AN/A
RVP
RETRACTABLE TECHNOLOGIES INC
$30.54M$1.02N/AN/AN/AN/AN/AN/AN/AN/A
KOD
KODIAK SCIENCES INC
$173.37M$3.30$3.331.00%Strong Sell3N/AN/AN/AN/A
NAMS
NEWAMSTERDAM PHARMA CO NV
$1.81B$20.09$33.2565.51%Strong Buy4N/AN/AN/AN/A
SLRX
SALARIUS PHARMACEUTICALS INC
$2.36M$0.49N/AN/AN/AN/AN/AN/AN/AN/A
APLM
APOLLOMICS INC
$29.71M$0.33$4.251,180.12%Strong Buy2N/AN/AN/AN/A
KALA
KALA BIO INC
$18.45M$6.55$16.50151.91%Buy2N/AN/AN/AN/A
CNTX
CONTEXT THERAPEUTICS INC
$150.00M$2.00$6.50225.00%Strong Buy3N/AN/AN/AN/A
MBIO
MUSTANG BIO INC
$3.90M$0.31$2.00541.03%Buy1N/AN/AN/AN/A
APDN
APPLIED DNA SCIENCES INC
$2.47M$2.51$40.001,493.63%Buy112.37%N/AN/AN/A
JAGX
JAGUAR HEALTH INC
$76.53M$0.26N/AN/AN/AN/AN/AN/AN/AN/A
VRPX
VIRPAX PHARMACEUTICALS INC
$914.73k$0.78N/AN/AN/AN/AN/AN/AN/AN/A
ICCC
IMMUCELL CORP
$37.58M$4.81N/AN/AN/AN/AN/AN/AN/AN/A
MRSN
MERSANA THERAPEUTICS INC
$334.05M$2.73$6.33131.98%Buy6-7.31%N/AN/AN/A
WORX
SCWORX CORP
$2.58M$2.13N/AN/AN/AN/AN/AN/AN/AN/A
AKBA
AKEBIA THERAPEUTICS INC
$241.04M$1.15$5.00334.78%Strong Buy24.80%N/AN/AN/A
BACK
IMAC HOLDINGS INC
$3.88M$3.38N/AN/AN/AN/AN/AN/AN/AN/A
RNAZ
TRANSCODE THERAPEUTICS INC
$7.62M$1.15$3.00160.87%Buy1N/AN/AN/AN/A
RHE
REGIONAL HEALTH PROPERTIES INC
$5.02M$2.73N/AN/AN/AN/AN/AN/AN/AN/A

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.