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
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
CCRN
CROSS COUNTRY HEALTHCARE INC
NASDAQ
Medical Care Facilities
$506.66M$14.57-1.09%$90.52M11.04x0.39
CORT
CORCEPT THERAPEUTICS INC
NASDAQ
Biotechnology
$2.92B$28.092.00%$122.89M24.43x0.20
KMDA
KAMADA LTD
NASDAQ
Drug Manufacturers - Specialty & Generic
$308.67M$5.37-1.56%$26.45M21.48x0.39
MOH
MOLINA HEALTHCARE INC
NYSE
Healthcare Plans
$20.37B$347.620.76%$1.72B18.74x2.45
PCRX
PACIRA BIOSCIENCES INC
NASDAQ
Drug Manufacturers - Specialty & Generic
$1.43B$30.82-2.19%$190.25M20.28x0.78
NBIX
NEUROCRINE BIOSCIENCES INC
NASDAQ
Drug Manufacturers - Specialty & Generic
$14.32B$142.290.27%$497.00M37.74x0.46
INCY
INCYTE CORP
NASDAQ
Biotechnology
$12.82B$57.100.42%$1.11B17.15x0.32
HRMY
HARMONY BIOSCIENCES HOLDINGS INC
NASDAQ
Biotechnology
$1.65B$29.03-0.96%$237.47M12.35x0.64
PBYI
PUMA BIOTECHNOLOGY INC
NASDAQ
Biotechnology
$197.54M$4.10-7.14%$41.45M12.41x3.20
INMD
INMODE LTD
NASDAQ
Medical Devices
$1.56B$18.46-0.97%$199.66M8.51x0.09
JNJ
JOHNSON & JOHNSON
NYSE
Drug Manufacturers - General
$372.17B$154.640.23%$49.47B10.13x1.46
HALO
HALOZYME THERAPEUTICS INC
NASDAQ
Biotechnology
$5.69B$44.71-1.50%$495.45M18.25x9.36
LNTH
LANTHEUS HOLDINGS INC
NASDAQ
Drug Manufacturers - Specialty & Generic
$5.52B$79.67-1.76%$674.08M11.82x0.94
SMLR
SEMLER SCIENTIFIC INC
NASDAQ
Medical Devices
$162.58M$23.01-2.79%$25.91M7.19x0.08
SNY
SANOFI
NASDAQ
Drug Manufacturers - General
$123.12B$48.67-0.31%$14.09B21.01x0.70
EXEL
EXELIXIS INC
NASDAQ
Biotechnology
$6.09B$20.91-1.51%$312.76M32.67x0.32
PGNY
PROGYNY INC
NASDAQ
Health Information Services
$2.67B$28.091.96%$76.22M43.22x0.39
UTHR
UNITED THERAPEUTICS CORP
NASDAQ
Biotechnology
$12.16B$274.260.75%$1.49B12.27x0.22
SEM
SELECT MEDICAL HOLDINGS CORP
NYSE
Medical Care Facilities
$4.41B$33.95-0.79%$773.70M16.17x4.53
BMRN
BIOMARIN PHARMACEUTICAL INC
NASDAQ
Biotechnology
$14.73B$77.560.77%$359.85M71.16x0.36
IRMD
IRADIMED CORP
NASDAQ
Medical Devices
$532.28M$42.03-1.45%$23.44M29.60x0.16
SLP
SIMULATIONS PLUS INC
NASDAQ
Health Information Services
$1.02B$50.951.48%$16.85M96.13x0.10
VMD
VIEMED HEALTHCARE INC
NASDAQ
Medical Devices
$276.02M$7.110.57%$38.50M26.33x0.33
GMAB
GENMAB A
NASDAQ
Biotechnology
$19.82B$29.981.11%N/A24.96x0.13
AMPH
AMPHASTAR PHARMACEUTICALS INC
NASDAQ
Drug Manufacturers - Specialty & Generic
$2.13B$43.481.73%$248.86M13.59x1.34
WST
WEST PHARMACEUTICAL SERVICES INC
NYSE
Medical Instruments & Supplies
$25.91B$355.640.43%$833.50M46.37x0.34
MDT
MEDTRONIC PLC
NYSE
Medical Devices
$114.09B$85.920.33%$8.88B27.28x0.75
CVS
CVS HEALTH CORP
NYSE
Healthcare Plans
$72.41B$57.680.28%$12.63B10.10x2.37
NSYS
NORTECH SYSTEMS INC
NASDAQ
Medical Devices
$32.97M$11.965.28%$8.08M4.69x1.10
ROIV
ROIVANT SCIENCES LTD
NASDAQ
Biotechnology
$9.05B$11.23-1.58%$4.58B2.02x0.12
CNC
CENTENE CORP
NYSE
Healthcare Plans
$41.66B$78.061.19%$5.67B15.37x2.06
COLL
COLLEGIUM PHARMACEUTICAL INC
NASDAQ
Drug Manufacturers - Specialty & Generic
$1.06B$32.47-3.56%$358.62M11.56x4.02
ALGN
ALIGN TECHNOLOGY INC
NASDAQ
Medical Devices
$20.44B$271.50-0.75%$839.46M44.65x0.64
HUM
HUMANA INC
NYSE
Healthcare Plans
$42.92B$356.200.28%$4.20B21.87x2.10
ANIP
ANI PHARMACEUTICALS INC
NASDAQ
Drug Manufacturers - Specialty & Generic
$1.29B$61.43-3.67%$128.31M37.92x0.97
ADUS
ADDUS HOMECARE CORP
NASDAQ
Medical Care Facilities
$1.81B$110.660.34%$111.93M26.99x0.40
COR
CENCORA INC
NYSE
Medical Distribution
$44.30B$222.120.12%$2.97B24.04x57.83
DXCM
DEXCOM INC
NASDAQ
Medical Devices
$52.24B$131.36-0.42%$991.00M79.61x1.89
CPRX
CATALYST PHARMACEUTICALS INC
NASDAQ
Biotechnology
$1.95B$16.490.55%$122.26M27.48x0.15
TGTX
TG THERAPEUTICS INC
NASDAQ
Biotechnology
$2.55B$16.48-5.40%$53.85M56.83x1.33
ZBH
ZIMMER BIOMET HOLDINGS INC
NYSE
Medical Devices
$24.72B$120.18-0.87%$2.16B25.90x0.70
UTMD
UTAH MEDICAL PRODUCTS INC
NASDAQ
Medical Instruments & Supplies
$246.00M$69.72-1.04%$25.06M15.46x0.06
AZN
ASTRAZENECA PLC
NASDAQ
Drug Manufacturers - General
$238.42B$76.90-0.18%$14.25B37.60x1.73
LPCN
LIPOCINE INC
NASDAQ
Biotechnology
$32.30M$6.045.04%-$8.94M-3.55x0.06
CHE
CHEMED CORP
NYSE
Medical Care Facilities
$8.56B$565.52-0.50%$427.54M30.11x0.46
CAH
CARDINAL HEALTH INC
NYSE
Medical Distribution
$24.13B$99.080.39%$1.70B43.46x-15.05
ZYXI
ZYNEX INC
NASDAQ
Medical Distribution
$345.71M$10.88-1.09%$17.98M49.45x2.81
LLY
ELI LILLY & CO
NYSE
Drug Manufacturers - General
$731.81B$770.00-0.15%$9.13B112.90x3.98
PODD
INSULET CORP
NASDAQ
Medical Devices
$13.12B$187.271.02%$349.50M55.90x2.32
STAA
STAAR SURGICAL CO
NASDAQ
Medical Instruments & Supplies
$2.10B$42.700.19%$25.02M133.44x0.25
EW
EDWARDS LIFESCIENCES CORP
NYSE
Medical Devices
$53.66B$89.14-1.08%$1.81B38.26x0.36
HCM
HUTCHMED (CHINA) LTD
NASDAQ
Drug Manufacturers - Specialty & Generic
$3.51B$20.17-3.77%N/A33.62x0.73
VEEV
VEEVA SYSTEMS INC
NYSE
Health Information Services
$33.92B$210.270.30%$632.34M64.30x0.27
VRTX
VERTEX PHARMACEUTICALS INC
NASDAQ
Biotechnology
$114.89B$445.211.04%$5.01B28.58x0.29
BRKR
BRUKER CORP
NASDAQ
Medical Devices
$10.91B$75.07-0.99%$633.70M27.30x2.16
RPRX
ROYALTY PHARMA PLC
NASDAQ
Biotechnology
$16.29B$27.27-2.19%$983.33M15.23x0.64
REGN
REGENERON PHARMACEUTICALS INC
NASDAQ
Biotechnology
$108.23B$982.291.48%$4.55B27.20x0.27
MEIP
MEI PHARMA INC
NASDAQ
Biotechnology
$20.99M$3.157.51%$28.01M0.80x0.40
PDCO
PATTERSON COMPANIES INC
NASDAQ
Medical Distribution
$2.31B$25.76-0.35%$384.69M12.63x2.03
HOLX
HOLOGIC INC
NASDAQ
Medical Instruments & Supplies
$17.51B$75.020.09%$993.40M38.28x0.80
ICLR
ICON PLC
NASDAQ
Diagnostics & Research
$26.02B$314.72-0.35%$1.62B37.92x0.81
LMAT
LEMAITRE VASCULAR INC
NASDAQ
Medical Instruments & Supplies
$1.76B$78.450.99%$53.80M51.27x0.15
MCK
MCKESSON CORP
NYSE
Medical Distribution
$73.38B$564.521.58%$4.75B25.05x-35.03
AVRO
AVROBIO INC
NASDAQ
Biotechnology
$62.40M$1.390.00%$30.44M1.99x0.04
SCYX
SCYNEXIS INC
NASDAQ
Drug Manufacturers - Specialty & Generic
$104.65M$2.7714.94%$104.31M1.31x0.60
BIIB
BIOGEN INC
NASDAQ
Drug Manufacturers - General
$33.57B$230.570.23%$1.85B28.64x0.75
PTGX
PROTAGONIST THERAPEUTICS INC
NASDAQ
Biotechnology
$1.80B$30.74-3.76%$168.74M11.51x0.12
PEN
PENUMBRA INC
NYSE
Medical Devices
$7.89B$203.530.99%$113.83M84.10x0.31
NVS
NOVARTIS AG
NYSE
Drug Manufacturers - General
$209.28B$102.57-0.12%N/A13.84x1.38
SIGA
SIGA TECHNOLOGIES INC
NASDAQ
Drug Manufacturers - Specialty & Generic
$541.24M$7.61-3.67%$102.76M6.92x0.47
FENC
FENNEC PHARMACEUTICALS INC
NASDAQ
Biotechnology
$192.35M$7.04-1.12%$8.10M78.22x21.96
ZTS
ZOETIS INC
NYSE
Drug Manufacturers - Specialty & Generic
$79.42B$174.060.20%$3.72B33.54x1.84
GSK
GSK PLC
NYSE
Drug Manufacturers - General
$90.95B$44.980.22%$7.29B16.49x3.27
STRR
STAR EQUITY HOLDINGS INC
NASDAQ
Diagnostics & Research
$13.95M$0.88-1.12%$26.87M0.55x0.16
GMED
GLOBUS MEDICAL INC
NYSE
Medical Devices
$8.70B$64.400.70%$263.79M109.15x0.26
HSIC
HENRY SCHEIN INC
NASDAQ
Medical Distribution
$9.55B$74.600.36%$873.00M24.95x1.42
ISRG
INTUITIVE SURGICAL INC
NASDAQ
Medical Instruments & Supplies
$141.46B$398.820.60%$2.53B70.71x0.13
ALC
ALCON INC
NYSE
Medical Instruments & Supplies
$43.92B$88.83-0.26%$2.36B41.90x0.42
MMSI
MERIT MEDICAL SYSTEMS INC
NASDAQ
Medical Instruments & Supplies
$4.76B$81.89-0.45%$247.30M46.27x0.88
CI
CIGNA GROUP
NYSE
Healthcare Plans
$96.22B$338.71-0.16%$8.19B27.49x2.71
ABT
ABBOTT LABORATORIES
NYSE
Medical Devices
$181.08B$104.09-0.74%$10.41B32.23x0.86
LGND
LIGAND PHARMACEUTICALS INC
NASDAQ
Biotechnology
$1.55B$86.061.22%$158.80M15.79x0.13
TCMD
TACTILE SYSTEMS TECHNOLOGY INC
NASDAQ
Medical Devices
$326.25M$13.730.51%$24.30M11.35x0.41
SRPT
SAREPTA THERAPEUTICS INC
NASDAQ
Biotechnology
$12.42B$131.38-1.02%$91.13M320.44x2.36
OPCH
OPTION CARE HEALTH INC
NASDAQ
Medical Care Facilities
$5.18B$29.78-0.20%$495.02M19.46x1.27
BNOX
BIONOMICS LIMITED
NASDAQ
Biotechnology
$10.42M$0.90-2.28%N/A0.03x0.34
AKLI
AKILI INC
NASDAQ
Health Information Services
$33.53M$0.43-1.39%-$45.35M-0.70x0.34
ELV
ELEVANCE HEALTH INC
NYSE
Healthcare Plans
$127.30B$547.710.70%$10.70B20.56x1.75
AMN
AMN HEALTHCARE SERVICES INC
NYSE
Medical Care Facilities
$2.23B$58.68-0.64%$420.36M15.56x2.36
STE
STERIS PLC
NYSE
Medical Devices
$22.99B$232.690.85%$1.39B40.75x0.78
SPRO
SPERO THERAPEUTICS INC
NASDAQ
Biotechnology
$85.84M$1.591.27%$26.26M3.61x0.74
BDX
BECTON DICKINSON & CO
NYSE
Medical Instruments & Supplies
$68.29B$236.30-0.14%$4.36B52.05x1.11
ASTH
ASTRANA HEALTH INC
NASDAQ
Medical Care Facilities
$2.29B$40.90-0.56%$143.94M30.98x1.18
DOCS
DOXIMITY INC
NYSE
Health Information Services
$5.23B$28.0318.07%$186.53M38.93x0.16
BTMD
BIOTE CORP
NASDAQ
Medical Care Facilities
$356.71M$5.75-1.54%$23.58M22.12x-5.79
FMS
FRESENIUS MEDICAL CARE AG
NYSE
Medical Care Facilities
$12.89B$21.97-1.88%$3.27B24.77x1.38
RMD
RESMED INC
NYSE
Medical Instruments & Supplies
$32.11B$218.57-0.64%$1.46B33.52x0.47
PRVA
PRIVIA HEALTH GROUP INC
NASDAQ
Health Information Services
$2.02B$16.90-0.59%$25.81M99.41x0.71
FONR
FONAR CORP
NASDAQ
Diagnostics & Research
$102.27M$15.24-2.99%$25.65M9.47x0.32
TALK
TALKSPACE INC
NASDAQ
Health Information Services
$466.63M$2.75-1.79%-$14.76M-34.38x0.16

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.