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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
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
MNMD
MIND MEDICINE (MINDMED) INC
$590.79M$0.00-$122.00M-$125.32M-$2.94N/AN/AN/AN/A2024-06-10
MNPR
MONOPAR THERAPEUTICS
$10.67M$0.00-$7.61M-$7.61M-$0.52N/AN/AN/AN/A
ASRT
ASSERTIO HOLDINGS INC
$101.78M$142.05M-$222.38M-$332.97M-$3.64-12.40%-10.05%N/AN/A
IBIO
IBIO INC
$17.07M$50.00k-$21.76M-$23.16M-$4.87N/A-47.99%N/AN/A
BMEA
BIOMEA FUSION INC
$439.96M$0.00-$122.55M-$127.27M-$3.57N/AN/AN/AN/A
ENLV
ENLIVEX THERAPEUTICS LTD
$26.22M$0.00-$28.56M-$29.07M-$1.56N/AN/AN/AN/A2024-06-24
RLYB
RALLYBIO CORP
$73.37M$0.00-$76.13M-$76.28M-$1.87N/AN/AN/AN/A
BIO
BIO-RAD LABORATORIES INC
$8.38B$2.61B-$394.48M-$322.37M-$10.67-6.25%2.60%N/AN/A
OPT
OPTHEA LTD
$199.13M$385.28k-$134.99M-$142.52M-$2.5893.60%N/AN/AN/A
SRRK
SCHOLAR ROCK HOLDING CORP
$996.13M$0.00-$173.63M-$183.26M-$2.09N/A-100.00%N/AN/A
XYLO
XYLO TECHNOLOGIES LTD
$3.58M$91.72M-$16.10M-$16.03M-$9.45-0.15%191.47%N/AN/A
CAPR
CAPRICOR THERAPEUTICS INC
$197.23M$27.10M-$23.14M-$24.31M-$0.83389.30%78.35%N/AN/A
AMRN
AMARIN CORP PLC
$357.46M$277.46M-$46.02M-$52.61M-$0.13-23.04%1.42%N/AN/A
CERT
CERTARA INC
$2.59B$360.69M$19.12M-$61.40M-$0.394.73%N/AN/AN/A
CMND
CLEARMIND MEDICINE INC
$3.87M$0.00-$7.85M-$8.09M-$31.18N/AN/AN/AN/A
BLTE
BELITE BIO INC
$1.31B$0.00-$31.20M-$31.63M-$1.19N/AN/AN/AN/A
MBOT
MICROBOT MEDICAL INC
$13.54M$0.00-$10.15M-$10.26M-$0.89N/AN/AN/AN/A
CTXR
CITIUS PHARMACEUTICALS INC
$117.08M$0.00-$35.42M-$37.35M-$0.24N/AN/AN/AN/A
AWH
ASPIRA WOMEN's HEALTH INC
$33.12M$8.99M-$14.60M-$14.74M-$1.424.46%22.90%N/AN/A
PTPI
PETROS PHARMACEUTICALS INC
$4.10M$4.69M-$5.12M-$20.46M-$7.37-22.36%N/AN/AN/A
INSM
INSMED INC
$3.68B$315.49M-$637.35M-$746.89M-$5.2322.54%58.30%N/AN/A
ALVR
ALLOVIR INC
$89.13M$0.00-$171.84M-$179.53M-$1.66N/AN/AN/AN/A2024-06-06
OMCL
OMNICELL INC
$1.40B$1.10B$60.77M-$21.05M-$0.46-13.02%6.44%N/AN/A
SXTC
CHINA SXT PHARMACEUTICALS INC
$837.03k$29.92k-$13.36M-$14.14M-$26.97-91.18%-27.77%N/AN/A
QNRX
QUOIN PHARMACEUTICALS LTD
$3.02M$0.00-$8.31M-$8.41MN/AN/AN/AN/AN/A
ADVM
ADVERUM BIOTECHNOLOGIES INC
$166.89M$0.00-$96.84M-$112.90M-$10.20-100.00%-100.00%N/AN/A
INZY
INOZYME PHARMA INC
$284.54M$0.00-$71.14M-$77.11M-$1.37N/AN/AN/AN/A
ONCY
ONCOLYTICS BIOTECH INC
$83.72M$0.00-$20.21M-$20.59M-$0.29N/AN/AN/AN/A
RAPT
RAPT THERAPEUTICS INC
$141.01M$0.00-$114.48M-$118.05M-$3.08-100.00%N/AN/AN/A
MCRB
SERES THERAPEUTICS INC
$139.33M$126.85M-$51.20M-$82.68M-$0.602,380.87%32.03%N/AN/A
DYNT
DYNATRONICS CORP
$2.24M$33.60M-$2.75M-$5.14M-$1.20-22.52%-12.08%N/AN/A
GOSS
GOSSAMER BIO INC
$157.00M$0.00-$155.21M-$172.58M-$1.00N/AN/AN/AN/A
WVE
WAVE LIFE SCIENCES LTD
$766.60M$112.91M-$53.40M-$61.92M-$0.52661.49%47.78%N/AN/A
GNTA
GENENTA SCIENCE SPA
$60.12M$0.00-$12.28M-$12.66M-$0.70N/AN/AN/AN/A
ZIMV
ZIMVIE INC
$464.45M$350.20M-$252.65M-$371.08M-$14.030.60%N/AN/AN/A
REPL
REPLIMUNE GROUP INC
$395.51M$0.00-$206.07M-$215.79M-$3.24N/AN/AN/AN/A
ALXO
ALX ONCOLOGY HOLDINGS INC
$740.34M$0.00-$163.76M-$166.20M-$3.71N/AN/AN/AN/A2024-06-12
DERM
JOURNEY MEDICAL CORP
$69.04M$80.00M$1.26M-$4.16M-$0.2027.82%N/AN/AN/A2024-06-25
RPHM
RENEO PHARMACEUTICALS INC
$58.49M$0.00-$70.26M-$70.71M-$2.18N/AN/AN/AN/A2024-06-05
DYN
DYNE THERAPEUTICS INC
$2.42B$0.00-$255.00M-$257.40M-$3.97N/AN/AN/AN/A2024-05-22
INGN
INOGEN INC
$208.19M$321.52M-$77.59M-$96.68M-$4.15-12.87%-2.73%N/AN/A
CDXS
CODEXIS INC
$254.71M$74.23M-$55.83M-$65.13M-$0.93-36.13%3.62%N/AN/A
GNPX
GENPREX INC
$5.35M$0.00-$27.61M-$27.63M-$18.65N/AN/AN/AN/A2024-05-22
DAWN
DAY ONE BIOPHARMACEUTICALS INC
$1.41B$0.00-$208.53M-$208.94M-$2.51N/AN/AN/AN/A
XRTX
XORTX THERAPEUTICS INC
$7.26M$0.00-$2.55M-$2.44M-$0.99N/AN/AN/AN/A
ALLK
ALLAKOS INC
$127.50M$0.00-$216.25M-$214.44M-$2.46N/AN/AN/AN/A2024-05-24
BBLG
BONE BIOLOGICS CORP
$2.07M$0.00-$6.10M-$6.10M-$16.34N/AN/AN/AN/A
ARAY
ACCURAY INC
$161.77M$430.55M-$12.16M-$21.49M-$0.22-2.00%0.73%N/AN/A
BVS
BIOVENTUS INC
$507.94M$522.74M$73.49M-$21.65M-$0.341.72%N/AN/AN/A
TIL
INSTIL BIO INC
$74.80M$0.00-$112.47M-$123.32M-$18.94N/AN/AN/AN/A2024-06-13
PTIX
PROTAGENIC THERAPEUTICS INC
$6.65M$0.00-$5.89M-$6.01M-$1.37N/AN/AN/AN/A
MNDR
MOBILE-HEALTH NETWORK SOLUTIONS
N/A$7.87M-$3.01M-$3.21M-$29.6712.68%N/AN/AN/A
LCTX
LINEAGE CELL THERAPEUTICS INC
$203.90M$8.00M-$22.96M-$23.66M-$0.13-32.48%8.94%N/AN/A
TLIS
TALIS BIOMEDICAL CORP
$34.24M$989.00k-$52.43M-$57.21M-$31.43-65.21%N/AN/AN/A
TSHA
TAYSHA GENE THERAPIES INC
$577.89M$14.16M-$111.78M-$118.01M-$0.4996.39%N/AN/AN/A
APM
APTORUM GROUP LTD
$24.61M$431.38k-$1.33M-$2.82M-$0.62-66.71%2.38%N/AN/A
NDRA
ENDRA LIFE SCIENCES INC
$3.39M$0.00-$9.63M-$9.89M-$1.14N/AN/AN/AN/A2024-07-05
SYRA
SYRA HEALTH CORP
$10.21M$6.08M-$3.50M-$3.60M-$0.643.73%N/AN/AN/A
AIM
AIM IMMUNOTECH INC
$20.67M$193.00k-$30.58M-$31.12M-$0.6423.72%-9.10%N/AN/A
TSVT
2SEVENTY BIO INC
$246.75M$71.20M-$213.09M-$223.22M-$4.35-42.90%N/AN/AN/A2024-06-10
BIOR
BIORA THERAPEUTICS INC
$26.20M$544.00k-$100.50M-$110.86M-$5.83172.00%N/AN/AN/A
IONS
IONIS PHARMACEUTICALS INC
$5.45B$776.62M-$254.76M-$384.77M-$2.6734.84%0.63%N/AN/A2024-06-12
SYRE
SPYRE THERAPEUTICS INC
$1.52B$688.00k-$363.77M-$364.23M-$46.84-40.94%-21.97%N/AN/A
CARM
CARISMA THERAPEUTICS INC
$58.58M$15.07M-$75.99M-$81.22M-$1.9622.99%N/AN/AN/A2024-06-05
ICUI
ICU MEDICAL INC
$2.53B$2.26B$244.95M-$59.31M-$2.45-2.10%10.68%N/AN/A
EBS
EMERGENT BIOSOLUTIONS INC
$290.83M$1.19B-$345.80M-$565.20M-$10.9421.32%6.75%N/AN/A2024-05-23
FRES
FRESH2 GROUP LTD
$4.27M$1.65MN/A-$17.50M-$3.3479.99%N/AN/AN/A2024-06-11
XNCR
XENCOR INC
$1.42B$162.18M-$115.26M-$133.36M-$2.1965.41%1.23%N/AN/A2024-06-13
OFIX
ORTHOFIX MEDICAL INC
$562.94M$760.05M-$56.37M-$126.48M-$3.3843.54%10.88%N/AN/A
BDRX
BIODEXA PHARMACEUTICALS PLC
$6.07M$470.37k-$8.84M-$8.74M-$9.88-42.73%-27.81%N/AN/A2024-06-13
INFU
INFUSYSTEM HOLDINGS INC
$137.14M$127.41M$15.53M$84.00k$0.0012.23%13.10%N/AN/A
BLCO
BAUSCH & LOMB CORP
$5.15B$4.31B$518.00M-$337.00M-$0.9613.23%N/AN/AN/A
POAI
PREDICTIVE ONCOLOGY INC
$6.89M$1.96M-$14.12M-$14.78M-$3.6536.98%9.32%N/AN/A
MRVI
MARAVAI LIFESCIENCES HOLDINGS INC
$2.85B$274.10M$725.07M-$131.04M-$0.99-61.81%N/AN/AN/A
AVTE
AEROVATE THERAPEUTICS INC
$592.59M$0.00-$82.03M-$82.19M-$3.04N/AN/AN/AN/A
MDXH
MDXHEALTH SA
$7.86M$75.33M-$21.40M-$39.90M-$13.7065.02%N/AN/AN/A2024-06-05
ONCT
ONCTERNAL THERAPEUTICS INC
$25.63M$1.15M-$36.21M-$36.38M-$12.2621.54%-16.31%N/AN/A
NRBO
NEUROBO PHARMACEUTICALS INC
$22.86M$0.00-$16.57M-$16.58M-$3.22N/AN/AN/AN/A2024-06-07
GEHC
GE HEALTHCARE TECHNOLOGIES INC
$37.37B$19.50B$3.40B$1.57B$3.464.22%N/A-8.22%N/A
GRTS
GRITSTONE BIO INC
$85.44M$15.65M-$117.74M-$144.89M-$1.242.95%43.92%N/AN/A
COSM
COSMOS HEALTH INC
$9.28M$49.59M-$12.79M-$42.91M-$4.31-8.97%4.62%N/AN/A
ALNY
ALNYLAM PHARMACEUTICALS INC
$18.90B$2.00B-$100.79M-$332.08M-$2.6475.20%87.56%N/AN/A
CYCC
CYCLACEL PHARMACEUTICALS INC
$3.35M$449.00k-$22.70M-$19.85M-$22.05N/A24.52%N/AN/A
VNRX
VOLITIONRX LTD
$63.77M$797.03k-$33.26M-$34.91M-$0.46133.06%N/AN/AN/A2024-07-02
FHTX
FOGHORN THERAPEUTICS INC
$234.65M$33.90M-$80.43M-$92.95M-$2.2064.41%N/AN/AN/A
VVOS
VIVOS THERAPEUTICS INC
$7.39M$13.36M-$15.05M-$15.64M-$10.93-17.70%N/AN/AN/A2024-06-06
INDV
INDIVIOR PLC
$2.32B$1.12B$75.00M$5.00M$0.0418.57%N/AN/AN/A
INMB
INMUNE BIO INC
$214.64M$131.00k-$34.50M-$34.50M-$1.92-47.39%N/AN/AN/A
VTRS
VIATRIS INC
$13.07B$15.36B$3.35B-$56.10M-$0.03-2.78%6.44%N/AN/A
CGEN
COMPUGEN LTD
$186.56M$33.46MN/A-$18.75M-$0.21346.12%13.45%N/AN/A2024-05-20
POCI
PRECISION OPTICS CORPORATION INC
$38.96M$19.41M-$1.20M-$1.64M-$0.28-6.73%26.96%N/AN/A
NOTV
INOTIV INC
$50.12M$552.74M$19.33M-$71.29M-$2.77-7.47%75.72%N/AN/A
SENS
SENSEONICS HOLDINGS INC
$257.48M$23.30M-$70.88M-$80.59M-$0.1429.13%3.74%N/AN/A2024-05-20
AUNA
AUNA SA
N/A$1.05B$231.92M-$68.81M-$1.5761.93%32.76%N/AN/A
SINT
SINTX TECHNOLOGIES INC
$10.43M$2.78M-$7.11M-$8.88M-$1.9440.86%70.61%N/AN/A
NMTC
NEUROONE MEDICAL TECHNOLOGIES CORP
$29.72M$3.73M-$12.45M-$12.80M-$0.58-8.64%N/AN/AN/A
CYTH
CYCLO THERAPEUTICS INC
$40.06M$1.13M-$19.38M-$19.39M-$1.00-15.51%1.72%N/AN/A
SNTI
SENTI BIOSCIENCES INC
$17.48M$1.28M-$58.49M-$64.45M-$1.44-71.47%N/AN/AN/A
SNGX
SOLIGENIX INC
$6.21M$699.21k-$7.58M-$7.01M-$0.72-31.32%-33.22%N/AN/A2024-05-21
CTSO
CYTOSORBENTS CORP
$52.57M$36.69M-$26.10M-$27.54M-$0.593.50%10.01%N/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.