Healthcare Stocks To Watch Now - August 2nd

Key Points

• Healthcare stocks to monitor include UnitedHealth Group, Alphabet, Oracle, Palo Alto Networks, and Salesforce, noted for their significant trading volumes in recent days.
• As of mid-day trading, UnitedHealth Group shares were down to $237.40 with a market cap of $215.36 billion, while Alphabet traded at $189.13 with a market cap of $2.30 trillion.
• Palo Alto Networks stock reached $172.88 and has a market cap of $115.28 billion, emphasizing its role in the critical cybersecurity sector.

UnitedHealth Group, Alphabet, Oracle, Palo Alto Networks, and Salesforce are the five Healthcare stocks to watch today, according to MarketBeat's stock screener tool. Healthcare stocks are shares of companies operating in the medical and health-related sectors—pharmaceuticals, biotechnology, medical devices, healthcare providers, and insurers. These equities let investors participate in trends like medical research breakthroughs, aging populations, and regulatory shifts, with performance often driven by factors such as drug approvals, patent expirations, and healthcare policy changes. These companies had the highest dollar trading volume of any Healthcare stocks within the last several days.

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.

Shares of NYSE UNH traded down $12.16 during mid-day trading on Friday, reaching $237.40. The company had a trading volume of 39,874,177 shares, compared to its average volume of 15,268,949. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.73. The firm has a 50 day simple moving average of $296.86 and a two-hundred day simple moving average of $416.24. The stock has a market cap of $215.36 billion, a P/E ratio of 10.29, a PEG ratio of 1.56 and a beta of 0.43. UnitedHealth Group has a 52-week low of $234.60 and a 52-week high of $630.73.

Read Our Latest Research Report on UNH

Alphabet (GOOGL)

Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.

Shares of NASDAQ GOOGL traded down $2.77 during mid-day trading on Friday, reaching $189.13. The company had a trading volume of 34,777,882 shares, compared to its average volume of 38,669,572. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.07. The firm has a 50 day simple moving average of $178.32 and a two-hundred day simple moving average of $173.12. The stock has a market cap of $2.30 trillion, a P/E ratio of 20.14, a PEG ratio of 1.30 and a beta of 1.01. Alphabet has a 52-week low of $140.53 and a 52-week high of $207.05.

Read Our Latest Research Report on GOOGL

Oracle (ORCL)

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.

Shares of NYSE ORCL traded down $9.33 during mid-day trading on Friday, reaching $244.44. The company had a trading volume of 12,500,927 shares, compared to its average volume of 10,602,974. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 4.07. The firm has a 50 day simple moving average of $213.55 and a two-hundred day simple moving average of $174.74. The stock has a market cap of $686.59 billion, a P/E ratio of 56.32, a PEG ratio of 3.79 and a beta of 1.43. Oracle has a 52-week low of $118.86 and a 52-week high of $260.87.

Read Our Latest Research Report on ORCL

Palo Alto Networks (PANW)

Palo Alto Networks, Inc. provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.

Palo Alto Networks stock traded down $0.72 during midday trading on Friday, hitting $172.88. 16,231,498 shares of the company's stock were exchanged, compared to its average volume of 7,730,412. Palo Alto Networks has a 12-month low of $142.01 and a 12-month high of $210.39. The stock has a market cap of $115.28 billion, a price-to-earnings ratio of 98.79, a price-to-earnings-growth ratio of 4.85 and a beta of 0.95. The firm's 50 day simple moving average is $196.04 and its 200 day simple moving average is $187.20.

Read Our Latest Research Report on PANW

Salesforce (CRM)

Salesforce, Inc. provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.

Salesforce stock traded down $7.48 during midday trading on Friday, hitting $250.85. 7,643,247 shares of the company's stock were exchanged, compared to its average volume of 5,567,701. Salesforce has a 12-month low of $230.00 and a 12-month high of $369.00. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.07 and a current ratio of 1.07. The stock has a market cap of $239.81 billion, a price-to-earnings ratio of 39.26, a price-to-earnings-growth ratio of 2.34 and a beta of 1.37. The firm's 50 day simple moving average is $266.04 and its 200 day simple moving average is $282.19.

Read Our Latest Research Report on CRM

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