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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
TCRX
TSCAN THERAPEUTICS INC
$409.87M$8.56$11.3332.39%Strong Buy3-4.23%N/AN/AN/A
TBPH
THERAVANCE BIOPHARMA INC
$455.64M$9.46$21.00121.99%Strong Buy133.00%N/AN/AN/A
LFMD
LIFEMD INC
$504.98M$12.51$12.802.32%Strong Buy533.20%N/AN/AN/A
IOBT
IO BIOTECH INC
$97.50M$1.48$8.00440.54%Buy1N/AN/AN/AN/A
ICAD
ICAD INC
$39.01M$1.47N/AN/AN/AN/AN/AN/AN/AN/A
ABIO
ARCA BIOPHARMA INC
$47.29M$3.26N/AN/AN/AN/AN/AN/AN/AN/A
LABP
LANDOS BIOPHARMA INC
$69.30M$22.24$20.42-8.16%Hold1N/AN/AN/AN/A
ZCMD
ZHONGCHAO INC
$4.17M$1.60N/AN/AN/AN/AN/AN/AN/AN/A
NRC
NATIONAL RESEARCH CORP
$831.80M$34.87N/AN/AN/AN/AN/AN/AN/AN/A
SRTS
SENSUS HEALTHCARE INC
$59.84M$3.65$8.00119.18%Buy19.77%N/AN/AN/A
DNA
GINKGO BIOWORKS HOLDINGS INC
$2.06B$0.96$2.20130.37%Hold321.73%N/AN/AN/A
TVTX
TRAVERE THERAPEUTICS INC
$476.38M$6.26$12.2094.89%Buy542.73%N/AN/AN/A
BPMC
BLUEPRINT MEDICINES CORP
$6.71B$107.19$110.002.62%Buy1038.54%N/AN/AN/A
DNTH
DIANTHUS THERAPEUTICS INC
$757.15M$25.80$41.7561.82%Strong Buy4-0.85%N/AN/AN/A
EVGN
EVOGENE LTD
$35.92M$0.71N/AN/AN/AN/A519.33%N/A-138.50%-32.67%
TTNP
TITAN PHARMACEUTICALS INC
$6.29M$6.88N/AN/AN/AN/AN/AN/AN/AN/A
ELVN
ENLIVEN THERAPEUTICS INC
$936.52M$22.65$34.0050.11%Strong Buy1N/AN/AN/AN/A
TWST
TWIST BIOSCIENCE CORP
$2.40B$41.21$44.608.23%Strong Buy512.78%N/AN/AN/A
CLPT
CLEARPOINT NEURO INC
$158.35M$5.87$9.0053.32%Strong Buy138.26%N/AN/AN/A
FDMT
4D MOLECULAR THERAPEUTICS INC
$1.31B$26.38$53.83104.07%Strong Buy6-16.91%N/AN/AN/A
TELA
TELA BIO INC
$116.35M$4.72$13.67189.56%Strong Buy327.71%N/AN/AN/A
DMAC
DIAMEDICA THERAPEUTICS INC
$113.87M$3.00$7.00133.33%Buy2N/AN/AN/AN/A
ATOS
ATOSSA THERAPEUTICS INC
$208.00M$1.66$4.00140.96%Buy1N/AN/AN/AN/A
RIGL
RIGEL PHARMACEUTICALS INC
$210.45M$1.20$5.81384.42%Buy423.54%N/AN/AN/A
DTIL
PRECISION BIOSCIENCES INC
$72.76M$10.52$39.50275.48%Strong Buy2-9.49%N/AN/AN/A
OMIC
SINGULAR GENOMICS SYSTEMS INC
$30.53M$0.41$0.6863.44%Hold2-27.86%N/AN/AN/A
AVXL
ANAVEX LIFE SCIENCES CORP
$316.13M$3.85$40.00938.96%Buy1N/AN/AN/AN/A
CRDF
CARDIFF ONCOLOGY INC
$157.43M$3.52$10.50198.30%Strong Buy2-37.60%N/AN/AN/A
AUGX
AUGMEDIX INC
$132.08M$2.71N/AN/AN/AN/AN/AN/AN/AN/A
BOLT
BOLT BIOTHERAPEUTICS INC
$41.94M$1.10$8.00627.27%Buy1N/AN/AN/AN/A
STIM
NEURONETICS INC
$113.37M$3.81$8.00109.97%Strong Buy110.95%N/AN/AN/A
CLDX
CELLDEX THERAPEUTICS INC
$2.38B$42.56$66.0055.08%Strong Buy4-2.54%N/AN/AN/A
PMCB
PHARMACYTE BIOTECH INC
$17.86M$2.11N/AN/AN/AN/AN/AN/AN/AN/A
DMTK
DERMTECH INC
$21.78M$0.63$1.38118.92%Buy329.45%N/A-105.97%-49.69%
MOLN
MOLECULAR PARTNERS AG
$130.76M$3.98$4.5013.07%Hold1-13.73%N/AN/AN/A
ATXS
ASTRIA THERAPEUTICS INC
$524.32M$9.55$21.25122.51%Strong Buy4N/AN/AN/AN/A
SDGR
SCHRODINGER INC
$1.72B$23.68$37.6358.89%Buy830.47%N/AN/AN/A
VTRS
VIATRIS INC
$13.99B$11.78$13.0010.36%Hold10.15%306.56%N/AN/A
ETNB
89BIO INC
$862.08M$9.22$28.20205.86%Buy5N/AN/AN/AN/A
NEO
NEOGENOMICS INC
$1.95B$15.30$20.0030.72%Strong Buy88.71%N/AN/AN/A
BYSI
BEYONDSPRING INC
$87.82M$2.25N/AN/AN/AN/A380.49%N/AN/AN/A
PULM
PULMATRIX INC
$7.16M$1.96N/AN/AN/AN/A26.83%N/AN/AN/A
ICCM
ICECURE MEDICAL LTD
$54.42M$1.19$2.95147.90%Strong Buy2113.50%N/AN/AN/A
CMAX
CAREMAX INC
$12.59M$3.31$33.20903.02%Hold214.22%N/AN/AN/A
OPTN
OPTINOSE INC
$113.78M$1.01$4.50345.54%Strong Buy230.90%N/AN/AN/A
QIPT
QUIPT HOME MEDICAL CORP
$166.30M$3.95$10.00153.16%Buy223.27%N/AN/AN/A
RXRX
RECURSION PHARMACEUTICALS INC
$2.07B$8.84$14.3362.14%Buy323.96%N/AN/AN/A
PACS
PACS GROUP INC
N/A$24.81N/AN/AN/AN/AN/AN/AN/AN/A
OCUL
OCULAR THERAPEUTIX INC
$917.03M$6.17$16.20162.56%Buy536.73%N/AN/AN/A
DVAX
DYNAVAX TECHNOLOGIES CORP
$1.53B$11.74$20.0070.36%Hold118.61%N/AN/AN/A
PHAR
PHARMING GROUP NV
$671.07M$10.00$37.00270.00%Buy112.71%N/AN/AN/A
NARI
INARI MEDICAL INC
$2.44B$42.03$59.6041.80%Buy516.49%N/AN/AN/A
URGN
UROGEN PHARMA LTD
$487.95M$14.30$44.00207.69%Buy248.09%N/AN/AN/A
GTHX
G1 THERAPEUTICS INC
$234.74M$4.49$8.3385.59%Buy318.77%N/AN/AN/A
ADPT
ADAPTIVE BIOTECHNOLOGIES CORP
$436.73M$3.01$6.0099.34%Strong Buy415.88%N/AN/AN/A
ECOR
ELECTROCORE INC
$37.97M$6.33$15.00137.15%Buy145.95%N/AN/AN/A
FOLD
AMICUS THERAPEUTICS INC
$3.07B$10.40$19.0082.69%Strong Buy427.73%N/AN/AN/A
OCGN
OCUGEN INC
$342.24M$1.33$6.00351.13%Strong Buy251.02%N/AN/AN/A
EXAS
EXACT SCIENCES CORP
$11.27B$62.07$92.7549.43%Strong Buy413.49%N/AN/AN/A
AKYA
AKOYA BIOSCIENCES INC
$198.53M$4.04$8.90120.30%Strong Buy520.49%N/AN/AN/A
MNKD
MANNKIND CORP
$1.19B$4.39$7.0059.45%Strong Buy219.90%N/AN/AN/A
STOK
STOKE THERAPEUTICS INC
$556.57M$12.02$21.6079.70%Buy546.00%N/AN/AN/A
ZJYL
JIN MEDICAL INTERNATIONAL LTD
$579.20M$3.62N/AN/AN/AN/AN/AN/AN/AN/A
BNR
BURNING ROCK BIOTECH LTD
$82.67M$0.81N/AN/AN/AN/AN/AN/A-73.25%-54.12%
PSTX
POSEIDA THERAPEUTICS INC
$276.92M$2.87$15.00422.65%Strong Buy2-6.30%N/AN/AN/A
AMWL
AMERICAN WELL CORP
$168.98M$0.57$1.0075.44%Hold111.69%N/AN/AN/A
IPHA
INNATE PHARMA SA
$204.75M$2.55$11.50351.87%Buy16.32%N/AN/AN/A
BFLY
BUTTERFLY NETWORK INC
$198.70M$0.94N/AN/AN/AN/A7.54%N/AN/AN/A
SWTX
SPRINGWORKS THERAPEUTICS INC
$3.34B$45.11$66.6047.64%Strong Buy5161.18%N/AN/AN/A
RDNT
RADNET INC
$3.51B$51.20$53.674.82%Strong Buy38.05%960.00%N/AN/A
OCX
ONCOCYTE CORP
$22.01M$2.66$4.0652.74%Buy4N/AN/A113.17%30.93%
TLPH
TALPHERA INC
$17.31M$1.02$6.00488.24%Buy1120.80%N/AN/AN/A
TARS
TARSUS PHARMACEUTICALS INC
$1.26B$36.85$48.0030.26%Buy5165.79%N/AN/AN/A
BLRX
BIOLINERX LTD
$49.51M$0.68$21.002,988.24%Buy199.97%N/AN/AN/A
RPTX
REPARE THERAPEUTICS INC
$145.53M$3.45$10.00189.86%Buy1-23.83%N/AN/AN/A
LNSR
LENSAR INC
$37.15M$3.26N/AN/AN/AN/AN/AN/AN/AN/A
BGLC
BIONEXUS GENE LAB CORP
$10.67M$0.60N/AN/AN/AN/AN/AN/AN/AN/A
TCRT
ALAUNOS THERAPEUTICS INC
$20.82M$1.30N/AN/AN/AN/A3,044.87%N/AN/AN/A
BLFS
BIOLIFE SOLUTIONS INC
$816.76M$18.03$22.0022.02%Strong Buy15.10%N/AN/AN/A
SILO
SILO PHARMA INC
$5.26M$1.85N/AN/AN/AN/AN/AN/AN/AN/A
INVA
INNOVIVA INC
$961.06M$15.20N/AN/AN/AN/AN/AN/A4.87%2.64%
MRVI
MARAVAI LIFESCIENCES HOLDINGS INC
$2.26B$8.97$10.8320.77%Strong Buy62.87%N/AN/AN/A
IMRN
IMMURON LTD
$14.35M$2.52N/AN/AN/AN/AN/AN/AN/AN/A
BRTX
BIORESTORATIVE THERAPIES INC
$9.24M$1.37N/AN/AN/AN/A-6.29%N/AN/AN/A
AADI
AADI BIOSCIENCE INC
$52.05M$2.12$20.50866.98%Strong Buy232.48%N/AN/AN/A
HOWL
WEREWOLF THERAPEUTICS INC
$263.77M$6.07$13.50122.41%Buy239.01%N/AN/AN/A
HOOK
HOOKIPA PHARMA INC
$92.02M$0.93$5.00437.63%Buy2-20.07%N/AN/AN/A
EVH
EVOLENT HEALTH INC
$3.13B$27.10$42.1455.51%Strong Buy717.47%N/AN/AN/A
CVAC
CUREVAC NV
$701.08M$3.13$4.0027.80%Hold1-29.82%N/AN/AN/A
CLLS
CELLECTIS SA
$214.54M$2.99N/AN/AN/AN/A115.48%N/AN/AN/A
CRVO
CERVOMED INC
$148.46M$24.06$65.00170.16%Strong Buy121.98%N/AN/AN/A
CANF
CAN-FITE BIOPHARMA LTD
$8.53M$2.09N/AN/AN/AN/AN/AN/AN/AN/A
PHR
PHREESIA INC
$1.26B$22.32$30.3636.04%Strong Buy1118.22%N/AN/AN/A
DOMH
DOMINARI HOLDINGS INC
$13.65M$2.30N/AN/AN/AN/AN/AN/AN/AN/A
ARTL
ARTELO BIOSCIENCES INC
$4.36M$1.35$5.00270.37%Buy1N/AN/AN/AN/A
ORIC
ORIC PHARMACEUTICALS INC
$654.22M$9.71$20.20108.03%Buy5N/AN/AN/AN/A
CERS
CERUS CORP
$299.52M$1.62$3.25100.62%Buy20.88%N/AN/AN/A
BNTC
BENITEC BIOPHARMA INC
$23.20M$8.95$16.0078.77%Buy11,365.21%N/AN/AN/A
EQ
EQUILLIUM INC
$58.88M$1.67$5.00199.40%Buy1-1.66%N/AN/AN/A
CMPS
COMPASS PATHWAYS PLC
$547.86M$8.53$55.33548.69%Strong Buy3N/AN/AN/AN/A
1...456...12

Healthcare Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
681+1.07%+6.00%-2.53%-18.30%6.05x6.01x+14.40%+2.29%-33.91%+80.46%Strong Buy
66+0.85%+0.70%-4.26%-0.73%38.44x4.21x-23.57%+6.35%+11.16%+10.51%Buy
17+0.84%+2.91%-0.54%+12.68%148.07x6.24x+33.79%+8.12%+14.24%+13.81%Buy
90-0.21%+4.09%+0.45%-3.63%33.76x2.15x+11.91%+3.10%+5.65%+32.15%Strong Buy
12+0.01%-1.01%-0.15%-0.05%19.70x2.90x+19.64%+6.04%+14.10%+17.24%Buy
61+0.46%+1.33%-3.77%-22.81%75.59x3.24x+6.63%+2.09%+5.13%+34.77%Buy
51+0.10%+2.08%-4.18%+7.39%-7.32x4.34x-93.77%+6.64%+13.89%+17.87%Buy
154+0.93%+3.67%-0.50%-12.74%27.79x3.71x+10.38%+5.26%+7.71%+19.09%Buy
9-1.40%-4.69%-6.08%+30.95%26.17x109.10x-8.59%+3.48%+18.93%+10.93%Buy
56+0.43%+1.57%-1.02%-12.24%56.77x3.54x+11.45%+7.81%+10.28%+19.60%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 -22.25% over the past year, underperforming other healthcare stocks by -14 percentage points.

Cross Country Healthcare has an average 1 year price target of $20.25, an upside of 21.48% from Cross Country Healthcare's current stock price of $16.67.

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 1.39% over the past year, overperforming other healthcare stocks by 10 percentage points.

3. Progyny (NASDAQ:PGNY)


Progyny (NASDAQ:PGNY) 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. Progyny has seen its stock lose -6.98% over the past year, overperforming other healthcare stocks by 1 percentage points.

Progyny has an average 1 year price target of $47.00, an upside of 48.17% from Progyny's current stock price of $31.72.

Progyny stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Progyny, 75% have issued a Strong Buy rating, 25% 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 57.19%, which is 54 percentage points higher than the healthcare sector average of 2.79%.

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 10.34%, which is 8 percentage points higher than the healthcare sector average of 2.79%.

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 8.69%, which is 6 percentage points higher than the healthcare sector average of 2.79%. 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 0.65% in the last day, and up 2.85% over the last week. Twist Bioscience was the among the top gainers in the healthcare sector, gaining 28.74% yesterday.

Twist Bioscience shares are trading higher after the company reported better-than-expected Q2 financial results.

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 -47.67% 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 -36.9% in the past year. It has underperformed other stocks in the healthcare sector by -28 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 1.39% in the past year. It has overperformed other stocks in the healthcare sector by 10 percentage points.

Are healthcare stocks a good buy now?

48.04% of healthcare stocks rated by analysts are a strong buy right now. On average, analysts expect healthcare stocks to rise by 35.99% 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 68.89x.
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.