Published on 23 Jul 2023 on Insider Monkey via Yahoo Finance
In this article, we will be taking a look at the 11 best healthcare stocks under $50. To skip our detailed analysis of the healthcare sector, you can go directly to see the 5 Best Healthcare Stocks Under $50.
After the COVID-19 pandemic, many investors believed that the shining moment being enjoyed by healthcare and vaccine stocks was finally about to blow over. However, this way of thinking may have been premature. On July 21, the S&P 500 healthcare sector was up by 18.95 points, representing an increase of 1.21%. The sector has been hanging on as the market continues to shift and transform in light of several developments, most notably the influence of artificial intelligence and big tech companies. Considering the popularity of these latter categories of stocks, it will come as a pleasant surprise for healthcare investors that, at this point, financial professionals are considering healthcare to be a sector that is creating more opportunities for the technology industry and those investing in it as well.
"Too Compelling To Ignore"