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
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
INCY
INCYTE CORP
$11.49B$3.70B$919.43M$597.60M$2.678.87%14.45%74.51%38.71%2024-04-30
HRMY
HARMONY BIOSCIENCES HOLDINGS INC
$1.64B$582.02M$221.51M$128.85M$2.1732.93%N/A-29.32%N/A2024-05-29
SMLR
SEMLER SCIENTIFIC INC
$182.18M$68.18M$24.70M$20.58M$3.0620.28%25.98%43.66%30.13%2024-05-08
VYGR
VOYAGER THERAPEUTICS INC
$402.91M$250.01M$126.46M$132.33M$3.08511.16%101.01%N/AN/A2024-05-07
INMD
INMODE LTD
$1.43B$492.05M$217.89M$197.92M$2.378.32%37.49%20.92%42.03%2024-05-02
NBIX
NEUROCRINE BIOSCIENCES INC
$13.71B$1.89B$358.00M$249.70M$2.5626.76%33.13%59.01%61.92%2024-05-01
PGNY
PROGYNY INC
$3.14B$1.09B$69.67M$62.04M$0.6538.34%59.52%96.97%74.65%2024-05-23
AMLX
AMYLYX PHARMACEUTICALS INC
$120.65M$380.79M$55.39M$49.27M$0.731,612.94%N/AN/AN/A2024-06-06
SDGR
SCHRODINGER INC
$1.69B$216.67M$56.24M$40.72M$0.5719.73%26.59%N/AN/A2024-06-18
CNC
CENTENE CORP
$40.48B$154.00B$5.62B$2.70B$4.976.54%20.70%137.80%16.56%2024-04-26
UTHR
UNITED THERAPEUTICS CORP
$11.10B$2.33B$1.39B$984.80M$21.0420.20%7.41%31.66%9.22%2024-05-01
CCRN
CROSS COUNTRY HEALTHCARE INC
$604.23M$2.02B$130.45M$72.63M$2.07-28.04%19.86%-59.33%N/A2024-05-01
GILD
GILEAD SCIENCES INC
$81.31B$27.12B$10.55B$5.67B$4.54-0.60%4.15%24.04%1.57%
CORT
CORCEPT THERAPEUTICS INC
$2.30B$482.38M$109.00M$105.50M$1.0220.04%13.93%7.37%9.43%2024-05-01
EXEL
EXELIXIS INC
$7.13B$1.83B$312.21M$207.77M$0.6513.60%16.47%14.04%-22.47%2024-04-30
JNJ
JOHNSON & JOHNSON
$353.66B$85.16B$45.15B$35.15B$13.886.46%0.86%103.22%19.48%
OSUR
ORASURE TECHNOLOGIES INC
$388.17M$405.47M$77.19M$53.66M$0.734.64%17.41%N/A17.21%2024-05-08
VMD
VIEMED HEALTHCARE INC
$310.44M$183.01M$36.68M$10.24M$0.2731.82%23.21%68.75%1.55%2024-06-06
SIGA
SIGA TECHNOLOGIES INC
$614.23M$139.92M$88.31M$68.07M$0.9526.31%-21.75%106.52%-29.04%2024-05-02
PCRX
PACIRA BIOSCIENCES INC
$1.19B$674.98M$157.58M$41.96M$0.911.22%14.88%160.00%N/A2024-05-01
KMDA
KAMADA LTD
$298.89M$142.52M$22.44M$8.28M$0.1710.19%4.48%N/A-20.93%2024-05-22
PBYI
PUMA BIOTECHNOLOGY INC
$235.25M$235.64M$47.52M$21.59M$0.463.34%-1.25%N/AN/A2024-05-02
AMPH
AMPHASTAR PHARMACEUTICALS INC
$1.96B$644.40M$225.48M$137.55M$2.8529.14%16.94%51.60%N/A2024-05-07
TCMD
TACTILE SYSTEMS TECHNOLOGY INC
$336.78M$274.42M$22.31M$28.52M$1.2411.20%13.81%N/A28.06%2024-05-06
ADUS
ADDUS HOMECARE CORP
$1.49B$1.06B$106.56M$62.52M$3.9111.31%15.43%34.83%23.52%2024-05-07
HALO
HALOZYME THERAPEUTICS INC
$4.88B$829.25M$451.95M$281.59M$2.1325.62%40.43%43.92%N/A2024-05-07
HCM
HUTCHMED (CHINA) LTD
$3.31B$838.00MN/A$100.78M$0.6096.52%31.38%N/AN/A
DOCS
DOXIMITY INC
$4.40B$468.33M$186.53M$137.63M$0.7216.58%N/A14.29%N/A2024-05-16
RPRX
ROYALTY PHARMA PLC
$16.79B$2.35B$1.32B$1.13B$2.545.24%5.58%2,440.00%N/A2024-05-09
BMRN
BIOMARIN PHARMACEUTICAL INC
$15.50B$2.42B$310.28M$167.65M$0.8915.42%10.16%17.11%N/A
EW
EDWARDS LIFESCIENCES CORP
$52.89B$6.00B$1.79B$1.40B$2.3111.56%10.03%-6.10%14.97%
CHE
CHEMED CORP
$8.67B$2.26B$414.34M$272.51M$18.116.06%4.90%8.31%7.19%
MCK
MCKESSON CORP
$70.95B$301.51B$4.53B$3.00B$22.2410.08%7.15%1.23%N/A2024-05-07
MDT
MEDTRONIC PLC
$105.23B$32.32B$8.88B$4.20B$3.155.03%1.13%3.28%-2.90%2024-05-23
ASTH
ASTRANA HEALTH INC
$2.03B$1.39B$133.74M$60.72M$1.3021.19%21.68%30.00%31.55%2024-05-06
COLL
COLLEGIUM PHARMACEUTICAL INC
$1.15B$566.77M$308.33M$48.16M$1.4322.17%15.11%N/AN/A2024-05-02
TGTX
TG THERAPEUTICS INC
$2.15B$233.66M$25.89M$12.67M$0.098,290.02%333.86%N/AN/A2024-04-29
NSYS
NORTECH SYSTEMS INC
$47.41M$139.33M$8.00M$6.87M$2.533.88%4.21%237.33%111.35%2024-05-08
STAA
STAAR SURGICAL CO
$2.29B$322.42M$31.83M$21.35M$0.4413.37%21.07%-46.99%29.67%2024-05-01
ROIV
ROIVANT SCIENCES LTD
$8.77B$123.24M$4.58B$4.47B$5.56185.76%N/AN/AN/A2024-06-26
LNTH
LANTHEUS HOLDINGS INC
$4.47B$1.30B$491.01M$326.66M$4.7938.65%30.44%1,068.29%35.21%2024-05-02
CVS
CVS HEALTH CORP
$84.73B$357.78B$13.81B$8.34B$6.4910.95%12.95%97.26%N/A2024-05-01
DCGO
DOCGO INC
$363.56M$624.29M$27.85M$6.86M$0.0741.72%N/A-79.41%N/A2024-05-08
GMAB
GENMAB A
$18.14B$2.40BN/A$633.48M$0.9716.77%39.38%-17.74%21.77%2024-05-02
UTMD
UTAH MEDICAL PRODUCTS INC
$237.92M$50.22M$26.46M$16.64M$4.58-3.93%3.64%1.10%-1.62%
MOH
MOLINA HEALTHCARE INC
$20.64B$35.85B$1.72B$1.07B$18.5510.82%14.32%24.92%7.45%
SLP
SIMULATIONS PLUS INC
$912.31M$64.67M$16.85M$10.52M$0.5318.86%15.66%1.92%4.27%
SEM
SELECT MEDICAL HOLDINGS CORP
$3.52B$6.66B$733.50M$243.49M$1.915.22%5.57%55.28%13.37%2024-05-03
AZN
ASTRAZENECA PLC
$232.62B$47.61B$14.25B$6.33B$2.058.60%16.27%34.98%16.57%
VEEV
VEEVA SYSTEMS INC
$32.12B$2.36B$632.34M$525.71M$3.279.68%22.35%4.14%15.51%2024-05-29
COR
CENCORA INC
$47.83B$271.58B$3.01B$1.87B$9.2812.31%9.46%11.14%10.95%2024-05-01
MEIP
MEI PHARMA INC
$20.65M$72.65M$21.69M$19.84M$2.9716.10%83.24%N/AN/A2024-05-09
ICLR
ICON PLC
$24.81B$8.23B$1.62B$683.12M$8.305.29%25.44%32.80%6.18%
SNY
SANOFI
$124.86B$49.94B$14.09B$5.81B$2.326.87%4.70%-32.73%3.84%
DXCM
DEXCOM INC
$54.88B$3.80B$991.00M$639.30M$1.6525.78%27.51%117.11%N/A
CAH
CARDINAL HEALTH INC
$25.25B$216.15B$1.89B$639.00M$2.5711.99%8.78%N/AN/A2024-05-02
MDXG
MIMEDX GROUP INC
$917.76M$321.48M$32.57M$58.23M$0.4020.03%-2.19%N/AN/A2024-04-30
PRVA
PRIVIA HEALTH GROUP INC
$2.13B$1.66B$29.23M$23.08M$0.2022.19%20.31%N/AN/A2024-05-22
ALC
ALCON INC
$38.89B$9.46B$2.25B$974.00M$1.988.47%5.74%191.18%N/A2024-05-14
PODD
INSULET CORP
$11.48B$1.70B$323.60M$206.30M$2.9630.02%24.66%4,128.57%118.09%2024-05-09
LMAT
LEMAITRE VASCULAR INC
$1.41B$193.48M$48.99M$30.11M$1.3619.69%12.88%44.68%2.88%2024-05-02
AMN
AMN HEALTHCARE SERVICES INC
$2.13B$3.79B$500.98M$210.68M$5.38-27.73%12.15%-45.98%12.47%2024-05-09
TALK
TALKSPACE INC
$520.22M$150.05M-$22.01M-$19.18M-$0.1225.49%N/AN/AN/A2024-05-07
ISRG
INTUITIVE SURGICAL INC
$132.35B$7.32B$2.53B$1.99B$5.6413.81%13.71%52.02%11.00%
IRMD
IRADIMED CORP
$525.13M$65.56M$22.50M$17.19M$1.3623.00%16.59%33.33%18.18%2024-05-02
THC
TENET HEALTHCARE CORP
$9.75B$20.56B$2.69B$611.00M$6.016.18%2.35%56.51%42.58%2024-04-30
ZBH
ZIMMER BIOMET HOLDINGS INC
$24.56B$7.39B$2.22B$1.02B$4.916.55%-1.40%346.36%N/A2024-05-02
GSK
GSK PLC
$82.97B$38.39B$8.20B$6.24B$3.088.66%-0.37%-65.61%5.64%2024-05-01
GMED
GLOBUS MEDICAL INC
$6.82B$1.57B$290.00M$122.87M$1.0953.34%17.08%-42.33%-7.39%2024-05-07
HOLX
HOLOGIC INC
$17.77B$3.97B$1.06B$515.10M$2.12-11.12%4.03%-46.46%N/A2024-05-02
WST
WEST PHARMACEUTICAL SERVICES INC
$26.82B$2.93B$833.50M$568.70M$7.671.56%10.91%3.51%20.98%
ABT
ABBOTT LABORATORIES
$185.42B$40.11B$10.54B$5.72B$3.28-8.12%5.58%-16.75%19.61%
HUM
HUMANA INC
$37.53B$109.24B$4.20B$1.99B$16.2914.22%13.21%-34.29%4.84%
UNH
UNITEDHEALTH GROUP INC
$455.31B$371.62B$35.57B$22.38B$24.1214.64%10.43%12.34%14.14%
BRKR
BRUKER CORP
$11.09B$2.96B$659.80M$427.20M$2.9217.14%9.36%46.00%20.49%2024-05-02
FONR
FONAR CORP
$113.14M$102.42M$25.75M$12.16M$1.895.78%4.06%51.20%-8.83%2024-05-13
BIIB
BIOGEN INC
$29.48B$9.66B$1.85B$1.17B$8.05-4.37%-6.89%-62.80%-19.14%
CI
CIGNA GROUP
$103.64B$195.27B$9.79B$5.16B$17.578.17%32.04%-18.88%10.45%2024-05-02
PEN
PENUMBRA INC
$7.95B$1.06B$106.91M$90.95M$2.3724.95%18.93%N/A65.65%2024-05-07
NVS
NOVARTIS AG
$202.12B$49.92BN/A$15.25B$7.418.81%1.48%125.91%6.77%
BNTX
BIONTECH SE
$20.61B$4.15B$1.51B$1.01B$4.21-76.96%96.02%-89.58%N/A2024-05-17
ATR
APTARGROUP INC
$9.25B$3.49B$664.15M$284.49M$4.344.97%4.75%18.58%6.82%2024-04-26
KIDS
ORTHOPEDIATRICS CORP
$705.07M$148.73M-$4.13M-$20.97M-$0.9221.62%20.91%N/AN/A2024-05-07
STE
STERIS PLC
$19.91B$5.41B$1.39B$566.84M$5.7113.04%14.65%N/A12.35%2024-05-08
STRR
STAR EQUITY HOLDINGS INC
$13.91M$45.79M$26.87M$23.22M$1.61-19.88%-15.16%N/A34.19%2024-06-20
HSIC
HENRY SCHEIN INC
$9.36B$12.34B$871.00M$416.00M$3.18-2.44%5.55%-19.49%-1.96%2024-05-07
REGN
REGENERON PHARMACEUTICALS INC
$97.76B$13.12B$4.69B$3.95B$37.057.76%20.58%-8.54%10.34%2024-05-02
ZTS
ZOETIS INC
$70.22B$8.54B$3.67B$2.34B$5.085.74%7.96%12.64%11.41%2024-05-02
TFX
TELEFLEX INC
$9.73B$2.97B$759.97M$356.33M$7.586.57%3.97%-2.07%11.54%2024-05-02
BTMD
BIOTE CORP
$415.89M$185.36M$15.85M$3.32M$0.1312.37%N/AN/AN/A2024-05-07
VNDA
VANDA PHARMACEUTICALS INC
$257.77M$192.64M$9.35M$2.51M$0.04-24.27%-0.05%-63.64%-39.66%2024-05-01
RVTY
REVVITY INC
$12.61B$2.75B$1.25B$693.09M$5.56-16.95%-0.20%23.28%20.93%2024-04-29
PLX
PROTALIX BIOTHERAPEUTICS INC
$86.20M$65.49M$11.65M$8.31M$0.1237.48%13.85%N/AN/A2024-05-02
OPCH
OPTION CARE HEALTH INC
$5.09B$4.43B$495.02M$272.67M$1.539.59%21.82%73.86%N/A2024-05-15
PINC
PREMIER INC
$2.49B$1.32B$368.68M$167.33M$1.40-3.37%6.01%-5.41%N/A2024-05-07
DBVT
DBV TECHNOLOGIES SA
$132.88M$15.73M-$86.72M-$72.73M-$0.38224.69%-0.69%N/AN/A2024-05-02
DVA
DAVITA INC
$11.64B$12.14B$2.06B$691.54M$7.624.57%1.26%26.37%52.30%2024-05-02
QTRX
QUANTERIX CORP
$593.41M$122.37M-$39.08M-$32.33M-$0.8615.96%26.60%N/AN/A2024-06-03
A
AGILENT TECHNOLOGIES INC
$39.96B$6.74B$1.69B$1.24B$4.22-2.81%6.19%-5.17%3.46%2024-05-21
CRL
CHARLES RIVER LABORATORIES INTERNATIONAL INC
$11.70B$4.13B$1.03B$474.62M$9.273.86%12.75%-3.13%14.45%2024-05-09

Healthcare Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
683-1.43%-0.98%-10.29%-23.66%15.41x5.80x-70.12%+3.09%+21.67%+94.43%Strong Buy
66-1.46%+3.15%-6.10%-2.37%38.32x4.15x-21.99%+6.51%+11.16%+11.37%Buy
17-0.44%+1.03%-4.38%+10.77%158.47x6.14x+32.64%+7.65%+14.34%+16.38%Buy
90-0.21%+1.19%-3.82%-8.54%33.56x2.07x+11.35%+2.70%+5.03%+39.21%Strong Buy
12-0.26%-0.00%-2.97%+3.20%18.89x2.93x+20.00%+6.14%+14.19%+15.46%Buy
61-1.49%-0.23%-8.85%-25.56%72.09x3.36x+6.61%+2.35%+5.94%+39.80%Buy
50-2.52%+1.68%-6.03%+3.16%-0.78x4.54x-88.99%+6.21%+13.14%+18.46%Buy
154-1.51%-0.01%-3.44%-16.25%29.73x3.71x+10.90%+5.40%+7.83%+23.04%Buy
9+0.54%+2.42%-0.67%+34.81%26.23x147.35x+18.21%+3.52%+19.63%+4.11%Buy
56-2.02%+0.69%-5.43%-13.29%47.92x3.49x+11.52%+7.68%+10.12%+21.32%Buy

Healthcare Stocks FAQ

What are the best healthcare stocks to buy right now in Apr 2024?

According to Zen Score, the 3 best healthcare stocks to buy right now are:

1. Incyte (NASDAQ:INCY)


Incyte (NASDAQ:INCY) is the top healthcare stock with a Zen Score of 75, which is 50 points higher than the healthcare sector average of 25. It passed 24 out of 33 due diligence checks and has strong fundamentals. Incyte has seen its stock lose -30.41% over the past year, underperforming other healthcare stocks by -19 percentage points.

Incyte has an average 1 year price target of $74.69, an upside of 45.94% from Incyte's current stock price of $51.18.

Incyte stock has a consensus Buy recommendation according to Wall Street analysts. Of the 13 analysts covering Incyte, 23.08% have issued a Strong Buy rating, 23.08% have issued a Buy, 53.85% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Harmony Biosciences Holdings (NASDAQ:HRMY)


Harmony Biosciences Holdings (NASDAQ:HRMY) is the second best healthcare stock with a Zen Score of 70, which is 45 points higher than the healthcare sector average of 25. It passed 23 out of 33 due diligence checks and has strong fundamentals. Harmony Biosciences Holdings has seen its stock lose -8.91% over the past year, overperforming other healthcare stocks by 2 percentage points.

Harmony Biosciences Holdings has an average 1 year price target of $37.33, an upside of 29.05% from Harmony Biosciences Holdings's current stock price of $28.93.

Harmony Biosciences Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Harmony Biosciences Holdings, 33.33% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a Hold, while 16.67% have issued a Sell rating, and 16.67% have issued a Strong Sell.

3. Semler Scientific (NASDAQ:SMLR)


Semler Scientific (NASDAQ:SMLR) is the third 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 4.14% over the past year, overperforming other healthcare stocks by 16 percentage points.

What are the healthcare stocks with highest dividends?

Out of 73 healthcare stocks that have issued dividends in the past year, the 3 healthcare stocks with the highest dividend yields are:

1. Carisma Therapeutics (NASDAQ:CARM)


Carisma Therapeutics (NASDAQ:CARM) has an annual dividend yield of N/A, which is N/A percentage points lower than the healthcare sector average of 2.84%.

Carisma Therapeutics's dividend payout ratio of 0% indicates that its dividend yield might not be sustainable for the long-term.

2. Mei Pharma (NASDAQ:MEIP)


Mei Pharma (NASDAQ:MEIP) has an annual dividend yield of 56.45%, which is 54 percentage points higher than the healthcare sector average of 2.84%.

Mei Pharma's dividend payout ratio of 58.9% indicates that its high dividend yield is sustainable for the long-term.

3. Siga Technologies (NASDAQ:SIGA)


Siga Technologies (NASDAQ:SIGA) has an annual dividend yield of 12.15%, which is 9 percentage points higher than the healthcare sector average of 2.84%.

Siga Technologies's dividend payout ratio of 47.4% indicates that its high dividend yield is sustainable for the long-term.

Why are healthcare stocks down?

Healthcare stocks were down -1.33% in the last day, and up 0.59% over the last week. Conmed was the among the top losers in the healthcare sector, dropping -11.58% yesterday.

CONMED shares are trading lower after the company reported Q1 financial results. Needham, Piper Sandler and Wells Fargo lowered their respective price targets on the stock.

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 83 points higher than the healthcare sector average of 17. It passed 7 out of 7 valuation due diligence checks.

Inmode's stock has dropped -53.28% in the past year. It has underperformed other stocks in the healthcare sector by -42 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 83 points higher than the healthcare sector average of 17. It passed 7 out of 7 valuation due diligence checks.

Pacira Biosciences's stock has dropped -42.53% in the past year. It has underperformed other stocks in the healthcare sector by -31 percentage points.

3. Orasure Technologies (NASDAQ:OSUR)


Orasure Technologies (NASDAQ:OSUR) is the third most undervalued healthcare stock based on WallStreetZen's Valuation Score. Orasure Technologies has a valuation score of 100, which is 83 points higher than the healthcare sector average of 17. It passed 7 out of 7 valuation due diligence checks.

Orasure Technologies's stock has dropped -20.42% in the past year. It has underperformed other stocks in the healthcare sector by -9 percentage points.

Are healthcare stocks a good buy now?

47.22% of healthcare stocks rated by analysts are a strong buy right now. On average, analysts expect healthcare stocks to rise by 40.3% 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 73.89x.
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.