Published on 27 Feb 2024 on Insider Monkey via Yahoo Finance

12 Best Medical Stocks to Buy Under $10

In this article, we will take a look at the 12 best medical stocks to buy under $10. To skip our analysis of the latest trends, and market activity, you can go directly to see the 5 Best Medical Stocks to Buy Under $10.

The healthcare sector spans medical stocks including biotechnology companies, health insurance services providers, medical care facilities operators, drug manufacturers, and medical devices companies, among others. The sector includes companies with market capitalizations ranging from several million dollars to hundreds of billion dollars. The components of the sector include companies with varying market capitalization and these companies are at different stages of their business cycles.

For instance, healthcare industry bigwigs like Pfizer Inc. (NYSE:PFE), Eli Lilly and Company (NYSE:LLY), Johnson & Johnson (NYSE:JNJ), and Merck & Co., Inc. (NYSE:MRK) benefit from diversification as they operate across several market segments with plenty of products. On the other hand, there is a large number of medical companies that focus on specific medical areas such as biotechnology or medical devices, and typically specialize in a specific niche. An example would be UniQure N.V. (NASDAQ:QURE), a small-cap medical company focused on gene therapies for genetic diseases.