The dominance of health stocks should continue for many years. Sign up below to practice what you’ve learned with our free stock market simulation.
BEST HEALTHCARE STOCKS
HEALTHCARE STOCK MARKET TIPS
People are living longer today than ever before. Health care spending in the U.S. has seen consistent growth year after year. There is also an influx of new patients resulting from the Affordable Care Act to consider. More patients with insurance will make hospitals more profitable, making healthcare stocks a solid place for long-term investors.
Here are some profitable healthcare sub-sectors:
Pharmaceutical Firms
Major drug companies offer consistent dividends. They also usually see high profits and strong cash flow, so they can typically afford to keep raising dividends.
Biotech Companies
Biotech companies are pushing through more new drugs than ever before, creating breakthroughs in major areas like cancer and heart disease . There is still a bunch of risk here, so your best move is likely to invest in a diversified biotech mutual fund.
Medical Devices
Again, with people living longer, they are becoming more susceptible to disease in their old age. Medical devices are more important than ever.
Healthcare Services
Healthcare services tend to generate a lot of cash and have stable ongoing dividends that can be increased. A good tip is to look for large, geographically diversified hospital companies.
HOSPITAL STOCKS
OTHER HEALTH STOCKS
Pharmaceutical stocks have been crushing it for the past few years. Here are a few you don’t want to ignore:
| Symbol | Company |
| ILMN | ILLUMINA INC |
| BMRN | BIOMARIN PHARMACEUTICAL INC |
| ALXN | ALEXION PHARMACEUTICALS INC |
| ABBV | ABBVIE INC |
| LCI | LANNETT CO INC |
| BMY | BRISTOL-MYERS SQUIBB CO |
| VRX | BAUSCH HEALTH COMPANIES INC |
| JNJ | JOHNSON & JOHNSON |
MOTLEY FOOL ALERT HOT STOCK ALERT
*** 9:08 AM ET SEPTEMBER 1, 2020 ALERT: ZOOM VIDEO (TICKER:ZM is up $124 or 38% to $448 in early trading this morning due to a fantastic earnings release. ***
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The Motley Fool has been hot on the stock for a year now recommending it July 3, 2019 when it was at $90; then again Oct 3, 2019 when it was at $76; then again during COVID on March 19, 2020 when it was at $123 and finally again on April 156, 2020 when it was at $150. So now it is at $448. THAT is exactly how they get their incredible returns year after year.
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