Healthcare, one of the largest and most complex sectors, is comprised of a broad range of companies that sell medical products and services. The healthcare sector includes companies that sell drugs, medical devices, and insurance, as well as hospitals and healthcare providers. Some of the largest healthcare companies in the world include UnitedHealth Group Inc. (UNH), Pfizer Inc. (PFE), and Abbvie Inc. (ABBV). The healthcare sector has caught investors’ attention since some of these companies have received regulatory approval for drugs to treat COVID-19 and begun distributing vaccines, and others are rushing to develop and win approval for new COVID-19 drugs. There are also companies involved in various other ways, such as supplying products to test for and manage treatments of the virus.
Healthcare stocks, represented by the Health Care Select Sector SPDR ETF (XLV), have underperformed the broader market. XLV’s total return was 26.3% over the past 12 months, below the Russell 1000’s total return of 40.7%, as of June 21, 2021.1 The statistics in the tables below are also as of June 21.
Here are the top 3 healthcare stocks with the best value, the fastest growth, and the most momentum.
Agios Pharmaceuticals Inc. ( AGIO)
Bio-Rad Laboratories Inc. ( BIO)
Sage Therapeutics Inc. ( SAGE)
#stocks #products #drugs #include #healthcare #company #service #sell #medicaldevices #services #medicalproducts #stock #worldlynewsonline