Promising Healthcare Stocks To Watch Today - August 10th

Key Points

• Healthcare stocks to watch include Alphabet, UnitedHealth Group, Salesforce, Oracle, ServiceNow, Palo Alto Networks, and Tempus AI, noted for high trading volumes recently.
• UnitedHealth Group's stock increased by $6.07, reaching $250.74, despite a debt-to-equity ratio of 0.73 and a market cap of $227.46 billion.
• Tempus AI's shares traded up $2.13 to $60.87, showing significant trading activity with over 26 million shares exchanged, reflecting its role in advancing precision medicine.

Alphabet, UnitedHealth Group, Salesforce, Oracle, ServiceNow, Palo Alto Networks, and Tempus AI are the seven Healthcare stocks to watch today, according to MarketBeat's stock screener tool. Healthcare stocks are shares of publicly traded companies operating in the healthcare industry, including pharmaceuticals, biotechnology, medical devices, health insurers, and healthcare service providers. Investors buy these stocks to gain exposure to the sector’s growth potential driven by demographic trends, medical innovation, and regulatory developments. Because healthcare demand is relatively inelastic, these stocks can offer defensive characteristics 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 stock traded up $4.90 during trading on Friday, reaching $201.42. 39,112,061 shares of the stock traded hands, compared to its average volume of 38,618,092. The business's 50 day moving average price is $180.89 and its 200-day moving average price is $172.98. Alphabet has a 52-week low of $140.53 and a 52-week high of $207.05. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.90 and a quick ratio of 1.90. The firm has a market capitalization of $2.44 trillion, a PE ratio of 21.45, a P/E/G ratio of 1.36 and a beta of 1.01.

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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 $6.07 during trading on Friday, hitting $250.74. 10,146,688 shares of the company's stock were exchanged, compared to its average volume of 18,404,546. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.73. UnitedHealth Group has a 1 year low of $234.60 and a 1 year high of $630.73. The stock has a 50 day moving average price of $291.78 and a 200 day moving average price of $406.04. The firm has a market cap of $227.46 billion, a P/E ratio of 10.86, a price-to-earnings-growth ratio of 1.62 and a beta of 0.43.

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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 $0.79 during trading on Friday, reaching $240.09. 8,807,591 shares of the company's stock were exchanged, compared to its average volume of 5,971,969. The company's 50-day moving average is $263.47 and its two-hundred day moving average is $279.14. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.07 and a current ratio of 1.07. Salesforce has a 52-week low of $230.00 and a 52-week high of $369.00. The firm has a market cap of $229.53 billion, a price-to-earnings ratio of 37.57, a PEG ratio of 2.18 and a beta of 1.37.

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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.

NYSE ORCL traded up $0.65 on Friday, reaching $250.04. The company had a trading volume of 8,301,832 shares, compared to its average volume of 10,356,510. The company has a debt-to-equity ratio of 4.07, a current ratio of 0.75 and a quick ratio of 0.75. The firm has a 50-day moving average of $222.64 and a 200-day moving average of $177.81. The firm has a market capitalization of $702.32 billion, a PE ratio of 57.61, a P/E/G ratio of 3.73 and a beta of 1.43. Oracle has a 1 year low of $118.86 and a 1 year high of $260.87.

Read Our Latest Research Report on ORCL

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.

NOW traded down $2.42 on Friday, reaching $871.70. The company's stock had a trading volume of 1,901,339 shares, compared to its average volume of 1,665,573. The stock has a market cap of $181.31 billion, a price-to-earnings ratio of 109.79, a price-to-earnings-growth ratio of 3.93 and a beta of 0.93. ServiceNow has a 1 year low of $678.66 and a 1 year high of $1,198.09. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.09 and a quick ratio of 1.09. The business's 50 day moving average is $982.92 and its 200 day moving average is $943.49.

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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 Palo Alto Networks stock traded down $1.04 on Friday, hitting $167.06. 9,831,203 shares of the company's stock traded hands, compared to its average volume of 9,794,964. Palo Alto Networks has a 52-week low of $144.15 and a 52-week high of $210.39. The stock has a market cap of $111.40 billion, a P/E ratio of 95.46, a PEG ratio of 3.96 and a beta of 0.94. The firm's 50-day moving average is $194.23 and its 200 day moving average is $186.91.

Read Our Latest Research Report on PANW

Tempus AI (TEM)

Tempus AI Inc. is a technology company advancing precision medicine through the practical application of artificial intelligence principally in healthcare. The company provides AI-enabled precision medicine solutions to physicians to deliver personalized patient care and in parallel facilitates discovery, development and delivery of optimal therapeutics.

Shares of TEM stock traded up $2.13 during trading hours on Friday, hitting $60.87. 26,073,235 shares of the company were exchanged, compared to its average volume of 8,255,315. The company has a debt-to-equity ratio of 2.45, a quick ratio of 1.56 and a current ratio of 1.71. Tempus AI has a one year low of $31.36 and a one year high of $91.45. The business's 50-day simple moving average is $62.47 and its two-hundred day simple moving average is $58.05. The stock has a market capitalization of $10.54 billion, a price-to-earnings ratio of -51.15 and a beta of 4.98.

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