Medical Stocks To Add to Your Watchlist - October 19th

Key Points

• Hims & Hers Health, Eli Lilly, and UnitedHealth Group are highlighted as the top medical stocks to monitor, noted for their substantial trading volumes in recent days.
• Hims & Hers Health provides a telehealth platform that connects consumers with healthcare professionals across various health needs.
• Eli Lilly specializes in pharmaceuticals, particularly for diabetes and obesity, with a focus on products like Basaglar, Humalog, and Jardiance.

Hims & Hers Health, Eli Lilly and Company, and UnitedHealth Group are the three Medical stocks to watch today, according to MarketBeat's stock screener tool. Medical stocks are shares of publicly traded companies involved in healthcare — including pharmaceuticals, biotechnology, medical devices, diagnostics, hospitals, and other health services or suppliers. Investors buy them to gain exposure to the healthcare sector’s growth and defensive qualities, but they carry sector-specific risks such as regulatory approvals, clinical trial outcomes, patent expirations, and reimbursement pressures. These companies had the highest dollar trading volume of any Medical 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

Eli Lilly and Company (LLY)

Eli Lilly and Company discovers, develops, and markets human pharmaceuticals worldwide. The company offers Basaglar, Humalog, Humalog Mix 75/25, Humalog U-100, Humalog U-200, Humalog Mix 50/50, insulin lispro, insulin lispro protamine, insulin lispro mix 75/25, Humulin, Humulin 70/30, Humulin N, Humulin R, and Humulin U-500 for diabetes; Jardiance, Mounjaro, and Trulicity for type 2 diabetes; and Zepbound for obesity.

Read Our Latest Research Report on LLY

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