Healthcare Stocks To Watch Today - August 12th

Key Points

• Alphabet, UnitedHealth Group, Salesforce, ServiceNow, and Palo Alto Networks are highlighted as top healthcare stocks to monitor today due to their high trading volumes.
• Alphabet's stock recently traded at $203.73, up by $2.73, indicating a potential bull run after reclaiming the $200 threshold.
• UnitedHealth Group saw its shares rise by $7.52, reaching $259.89, while maintaining a significant market cap of $235.75 billion.

Alphabet, UnitedHealth Group, Salesforce, ServiceNow, and Palo Alto Networks are the five Healthcare stocks to watch today, according to MarketBeat's stock screener tool. Healthcare stocks are shares of publicly traded companies operating in the medical and health‐care sector, including pharmaceuticals, biotechnology, medical‐device manufacturers and health‐service providers. By purchasing these equities, investors gain exposure to revenues generated from drug development, medical technology and patient‐care services. Because health care is an essential need, these stocks often exhibit resilience during economic downturns. These companies had the highest dollar trading volume of any Healthcare stocks within the last several days.

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.

GOOGL traded up $2.73 during trading hours on Tuesday, hitting $203.73. 18,255,626 shares of the company's stock were exchanged, compared to its average volume of 36,731,762. Alphabet has a 1-year low of $140.53 and a 1-year high of $207.05. The stock's 50-day moving average is $181.53 and its two-hundred day moving average is $172.81. The stock has a market cap of $2.46 trillion, a price-to-earnings ratio of 21.68, a PEG ratio of 1.36 and a beta of 1.01. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.07.

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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.

UNH traded up $7.52 during trading hours on Tuesday, hitting $259.89. 7,812,556 shares of the company's stock were exchanged, compared to its average volume of 12,070,603. UnitedHealth Group has a 1-year low of $234.60 and a 1-year high of $630.73. The stock's 50-day moving average is $290.74 and its two-hundred day moving average is $403.22. The stock has a market cap of $235.75 billion, a price-to-earnings ratio of 11.26, a PEG ratio of 1.62 and a beta of 0.43. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.73.

Read Our Latest Research Report on UNH

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.

CRM traded down $0.54 during trading hours on Tuesday, hitting $232.14. 8,461,711 shares of the company's stock were exchanged, compared to its average volume of 7,134,872. Salesforce has a 1-year low of $226.48 and a 1-year high of $369.00. The stock's 50-day moving average is $262.89 and its two-hundred day moving average is $278.04. The stock has a market cap of $221.93 billion, a price-to-earnings ratio of 36.35, a PEG ratio of 2.18 and a beta of 1.37. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.14.

Read Our Latest Research Report on CRM

ServiceNow (NOW)

ServiceNow, Inc. provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.

Shares of NYSE NOW traded down $0.97 during trading hours on Tuesday, hitting $855.40. The company had a trading volume of 1,537,164 shares, compared to its average volume of 1,695,266. The stock has a market capitalization of $177.92 billion, a P/E ratio of 107.75, a price-to-earnings-growth ratio of 3.93 and a beta of 0.93. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.14. ServiceNow has a 1-year low of $678.66 and a 1-year high of $1,198.09. The firm's 50 day moving average is $979.82 and its 200-day moving average is $940.29.

Read Our Latest Research Report on NOW

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.

PANW stock traded up $7.32 during trading hours on Tuesday, reaching $175.49. The stock had a trading volume of 6,702,303 shares, compared to its average volume of 6,097,429. The stock has a market capitalization of $117.01 billion, a PE ratio of 100.17, a price-to-earnings-growth ratio of 3.96 and a beta of 0.94. The stock has a 50-day simple moving average of $193.70 and a 200 day simple moving average of $186.78. Palo Alto Networks has a fifty-two week low of $144.15 and a fifty-two week high of $210.39.

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