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Best Healthcare Stocks To Watch Now - March 9th

Hims & Hers Health logo with Medical background
Image from MarketBeat Media, LLC.

Key Points

  • MarketBeat's five healthcare stocks to watch: Hims & Hers Health (HIMS), UnitedHealth Group (UNH), Johnson & Johnson (JNJ), Medtronic (MDT), and McKesson (MCK) were highlighted after posting the highest dollar trading volume among healthcare stocks recently.
  • Company roles summarized: Hims & Hers is a telehealth platform for mental, sexual, dermatology and primary care; UnitedHealth is a diversified insurer and health-services operator (UnitedHealthcare and Optum); Medtronic focuses on device-based medical therapies; and McKesson is a major pharmaceutical distributor.
  • MarketBeat notes investors favor healthcare for exposure to aging populations and medical innovation but cautions about sector-specific risks like regulatory changes, clinical trial outcomes, and patent expirations.
  • MarketBeat previews the top five stocks to own by May 1st.

Hims & Hers Health, UnitedHealth Group, Johnson & Johnson, Medtronic, and McKesson are the five Healthcare stocks to watch today, according to MarketBeat's stock screener tool. Healthcare stocks are equity securities issued by companies in the healthcare industry—including pharmaceutical and biotechnology firms, medical device makers, hospitals and clinics, insurers, and providers of healthcare services and supplies. Investors use them for exposure to demand driven by aging populations and medical innovation and as sources of growth or defensive income, while bearing sector-specific risks such as regulatory changes, clinical trial outcomes, and patent expirations. These companies had the highest dollar trading volume of any Healthcare stocks within the last several days.

Hims & Hers Health (HIMS)

Hims & Hers Health, Inc. operates a telehealth consultation platform. It connects consumers to healthcare professionals, enabling them to access medical care for mental health, sexual health, dermatology and primary care. The company was founded in 2017 and is headquartered in San Francisco, CA.

Read Our Latest Research Report on HIMS

UnitedHealth Group (UNH)

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.

Read Our Latest Research Report on UNH

Johnson & Johnson (JNJ)

Johnson & Johnson is a holding company, which engages in the research, development, manufacture, and sale of products in the healthcare field. It operates through the Innovative Medicine and MedTech segments. The Innovative Medicine segment focuses on immunology, infectious diseases, neuroscience, oncology, cardiovascular and metabolism, and pulmonary hypertension.

Read Our Latest Research Report on JNJ

Medtronic (MDT)

Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients worldwide. Its Cardiovascular Portfolio segment offers implantable cardiac pacemakers, cardioverter defibrillators, and cardiac resynchronization therapy devices; cardiac ablation products; insertable cardiac monitor systems; TYRX products; and remote monitoring and patient-centered software.

Read Our Latest Research Report on MDT

McKesson (MCK)

McKesson Corporation provides healthcare services in the United States and internationally. It operates through four segments: U.S. Pharmaceutical, Prescription Technology Solutions (RxTS), Medical-Surgical Solutions, and International. The U.S. Pharmaceutical segment distributes branded, generic, specialty, biosimilar and over-the-counter pharmaceutical drugs, and other healthcare-related products.

Read Our Latest Research Report on MCK

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