Promising Healthcare Stocks To Watch Now - August 4th

Key Points

• Alphabet, UnitedHealth Group, Oracle, Hims & Hers Health, and Palo Alto Networks are highlighted as five key healthcare stocks to watch, reflecting high trading volumes and strong market interest.
• UnitedHealth Group and Oracle both experienced significant stock price movements, with UnitedHealth trading at $240.59 and Oracle at $251.60 during mid-day trading on Monday.
• Palo Alto Networks saw a decline to $171.32, with a notable market capitalization of $114.24 billion, indicating a mixed performance among featured healthcare stocks.

Alphabet, UnitedHealth Group, Oracle, Hims & Hers Health, 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 whose core businesses involve medical and wellness services, pharmaceutical and biotechnology research, or the design and manufacture of medical devices and equipment. Buying these stocks means owning a stake in firms dedicated to diagnosing, treating, and preventing illnesses or improving patient care. Investors often view healthcare stocks as defensive assets—benefiting from steady demand—but their performance can still fluctuate with regulatory decisions, clinical trial outcomes, and patent cycles. 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.

Alphabet stock traded up $5.25 during mid-day trading on Monday, hitting $194.38. 16,705,257 shares of the company's stock were exchanged, compared to its average volume of 37,026,195. 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 stock has a market cap of $2.35 trillion, a P/E ratio of 20.70, a P/E/G ratio of 1.28 and a beta of 1.01. Alphabet has a 1-year low of $140.53 and a 1-year high of $207.05. The stock has a 50 day moving average of $178.32 and a two-hundred day moving average of $172.82.

Read Our Latest Research Report on GOOGL

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 stock traded up $2.82 during mid-day trading on Monday, reaching $240.59. 10,849,457 shares of the stock traded hands, compared to its average volume of 11,988,539. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.73. UnitedHealth Group has a 52 week low of $234.60 and a 52 week high of $630.73. The business has a 50-day moving average of $296.86 and a two-hundred day moving average of $414.69. The firm has a market capitalization of $218.24 billion, a PE ratio of 10.41, a P/E/G ratio of 1.50 and a beta of 0.43.

Read Our Latest Research Report on UNH

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.

ORCL stock traded up $7.18 during mid-day trading on Monday, reaching $251.60. 4,331,445 shares of the stock traded hands, compared to its average volume of 12,061,128. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 4.07. Oracle has a 52 week low of $118.86 and a 52 week high of $260.87. The business has a 50-day moving average of $213.55 and a two-hundred day moving average of $174.96. The firm has a market capitalization of $706.71 billion, a PE ratio of 57.92, a P/E/G ratio of 3.65 and a beta of 1.43.

Read Our Latest Research Report on ORCL

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.

Shares of NYSE HIMS traded up $2.41 during mid-day trading on Monday, hitting $64.96. The company had a trading volume of 16,263,583 shares, compared to its average volume of 33,728,355. The business's 50-day simple moving average is $53.62 and its 200-day simple moving average is $44.26. Hims & Hers Health has a 12 month low of $13.47 and a 12 month high of $72.98. The firm has a market cap of $14.54 billion, a P/E ratio of 94.69, a PEG ratio of 2.31 and a beta of 2.08.

Read Our Latest Research Report on HIMS

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.

Shares of PANW traded down $1.56 on Monday, reaching $171.32. 5,755,546 shares of the stock traded hands, compared to its average volume of 5,901,588. The firm has a market cap of $114.24 billion, a price-to-earnings ratio of 97.90, a P/E/G ratio of 4.11 and a beta of 0.94. Palo Alto Networks has a 12 month low of $142.01 and a 12 month high of $210.39. The stock's 50-day moving average price is $196.04 and its 200-day moving average price is $187.36.

Read Our Latest Research Report on PANW

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