Top Healthcare Stocks for November 2021

Finance Dec 29, 2024 11 Add to Reading List

SAGE, REGN, and MRNA are apical for value, growth, and momentum, respectively

Healthcare, 1 of the largest and astir analyzable sectors, is composed of a wide scope of companies that merchantability aesculapian products and services. The healthcare sector includes companies that merchantability drugs, aesculapian devices, and insurance, arsenic good arsenic hospitals and healthcare providers. Some of the largest healthcare companies successful the satellite see UnitedHealth Group Inc. (UNH), Pfizer Inc. (PFE), and Abbvie Inc. (ABBV).

The healthcare assemblage has caught investors’ attraction since immoderate of these companies person received regulatory support for drugs to dainty COVID-19 and begun distributing vaccines, and others are rushing to make and triumph support for caller COVID-19 drugs. There are besides companies progressive successful assorted different ways with combating the pandemic, specified arsenic supplying products to trial for and negociate treatments of the virus.

Despite this surge successful request for COVID-19 treatments, healthcare stocks person underperformed the broader market. In this story, the assemblage is represented by the Health Care Select Sector SPDR ETF (XLV), an exchange-traded money (ETF). XLV’s full instrumentality was 24.8% implicit the past 12 months, beneath the Russell 1000’s full instrumentality of 34.7%, arsenic of Oct. 20, 2021. The statistic successful the tables beneath are besides arsenic of Oct. 20, 2021.

Here are the apical 3 healthcare stocks with the champion value, fastest growth, and astir momentum.

Best Value Healthcare Stocks

These are the healthcare stocks with the lowest 12-month trailing price-to-earnings (P/E) ratio. Because profits tin beryllium returned to shareholders successful the signifier of dividends and buybacks, a debased P/E ratio shows that you’re paying little for each dollar of nett generated.

Best Value Healthcare Stocks

	Price ($)	Market Cap ($B)	12-Month Trailing P/E Ratio
Sage Therapeutics Inc. (SAGE)	40.29	2.4	3.2
Organon & Co. (OGN)	35.06	8.9	4.3
Bio-Rad Laboratories Inc. (BIO)	782.52	21.8	5.5

^{Source: YCharts}

Sage Therapeutics Inc.: Sage Therapeutics creates treatments for cardinal tense strategy disorders, including schizophrenia and large depressive disorder. On Sept. 21, 2021 Sage announced the assignment of Chris Benecchi arsenic Chief Commercial Officer. Benecchi volition pb the company's planetary commercialized efforts crossed each programs, caller merchandise planning, strategy, and competitory intelligence. Benecchi was antecedently vice president, Global Head of Commercial Excellence astatine Alexion Pharmaceuticals, a subsidiary of AstraZeneca PLC.
Organon & Co.: Organon is simply a pharmaceutical company. It develops and produces medicines for reproductive health, dermatology, bosom disease, allergies, and different areas.
Quidel Corp.: Quidel is simply a developer and shaper of diagnostic healthcare products. The institution provides diagnostic solutions for the detection and diagnosis of infectious, gastrointestinal, autoimmune, and different diseases. The institution besides makes products to trial for COVID-19.

Fastest Growing Healthcare Stocks

These are the apical healthcare stocks arsenic ranked by a growth model that scores companies based connected a 50/50 weighting of their astir caller quarterly YOY percentage revenue growth and astir caller quarterly YOY earnings-per-share (EPS) growth. Both income and net are captious factors successful the occurrence of a company. Therefore, ranking companies by lone 1 maturation metric makes a ranking susceptible to the accounting anomalies of that 4th (such arsenic changes successful taxation instrumentality oregon restructuring costs) that whitethorn marque 1 fig oregon the different unrepresentative of the concern successful general. Companies with quarterly EPS oregon gross maturation of much than 2,500% were excluded arsenic outliers.

Fastest Growing Healthcare Stocks

	Price ($)	Market Cap ($B)	EPS Growth (%)	Revenue Growth (%)
Regeneron Pharmaceuticals Inc. (REGN)	552.11	59.1	267.5	163.2
The Cooper Companies Inc. (COO)	402.20	19.8	1,000	32.0
Royalty Pharma PLC (RPRX)	36.83	15.7	1,100	8.6

^{Source: YCharts}

Regeneron Pharmaceuticals Inc.: Regeneron Pharmaceuticals is simply a biopharmaceutical institution that sells products for the attraction of oculus diseases, allergic and inflammatory diseases, cancer, cardiovascular and metabolic diseases, and different superior diseases.
The Cooper Companies Inc.: Through subsidiaries, The Cooper Companies develops, makes, and markets specialty healthcare products. The institution provides interaction lenses, diagnostic instruments, surgical instruments, and accessories. Cooper Companies announced connected Sept. 2, 2021 that Q3 FY 2021 ended July 31, 2021. For that quarterly period, earnings per stock (EPS) grew much than 11-fold to $12.37 arsenic gross roseate 32% to $763 million. Results were driven successful portion by the spot of the company's CooperSurgical segment, which posted 60% year-over-year (YOY) gross gains.
Royalty Pharma PLC: Royalty Pharma is simply a late-stage biopharmaceutical merchandise concern company. The institution collaborates with biotechnology companies of each sizes, probe hospitals, world institutions, probe hospitals to make treatments. Its illustration of pharmaceutical investments includes commercialized products and development-stage candidates. Royalty Pharma announced connected August 11, 2021 that consolidated nett income roseate astir a 3rd to $807 cardinal arsenic revenues roseate 8.6% to $555 cardinal for Q2 2021. The maturation was driven by recently acquired assets and the show of its cystic fibrosis franchise, among different factors.

Healthcare Stocks with the Most Momentum

These are the healthcare stocks that had the highest full instrumentality implicit the past 12 months.

Healthcare Stocks with the Most Momentum

	Price ($)	Market Cap ($B)	12-Month Trailing Total Return (%)
Moderna Inc. (MRNA)	333.61	134.7	370.1
Bio-Techne Corp. (TECH)	499.62	19.5	89.5
HCA Healthcare Inc. (HCA)	248.68	79.6	86.4
Russell 1000	N/A	N/A	34.7
Health Care Select Sector SPDR ETF (XLV)	N/A	N/A	24.8

^{Source: YCharts}

Moderna Inc.: Moderna is simply a clinical-stage biotechnology institution focused connected the find and improvement of messenger ribonucleic acerb (mRNA) therapeutics and vaccines. It develops mRNA medicines for infectious, immuno-oncology, and cardiovascular diseases. Moderna’s COVID-19 vaccine continues to beryllium successful precocious request globally. On Sept. 16, Moderna announced that the Canadian government's wellness department, Health Canada, had approved spikevax, the company's COVID-19 vaccine. The support is for progressive immunization to forestall COVID-19 successful individuals 12 years and older. It is the archetypal afloat support for the drug.
Bio-Techne Corp.: Bio-Techne develops, manufactures, and markets a assortment of biotechnology products and objective controls. The institution offers proteins, maturation factors, immunoassays, cytokines, and tiny molecules, among different related products. In mid-September Bio-Techne launched the ExCellerate iPSC Expansion Medium, a caller mean for the enlargement and attraction of induced pluripotent stem cells (iPSCs). The mean does not utilize components derived from humans oregon animals. ExCellerate tin beryllium utilized to make ample quantities of homogeneous, undifferentiated cells for aesculapian research.

Healthcare Inc.: Healthcare owns and operates hospitals, country centers, diagnostic and imaging centers, freestanding ERs, urgent attraction centers, walk-in clinics, and different sites of care. The institution operates successful 21 states successful the United States and besides successful the United Kingdom.

The comments, opinions, and analyses expressed herein are for informational purposes lone and should not beryllium considered idiosyncratic concern proposal oregon recommendations to put successful immoderate information oregon follow immoderate concern strategy. While we judge the accusation provided herein is reliable, we bash not warrant its accuracy oregon completeness. The views and strategies described successful our contented whitethorn not beryllium suitable for each investors. Because marketplace and economical conditions are taxable to accelerated change, each comments, opinions, and analyses contained wrong our contented are rendered arsenic of the day of the posting and whitethorn alteration without notice. The worldly is not intended arsenic a implicit investigation of each worldly information regarding immoderate country, region, market, industry, investment, oregon strategy.

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