Healthcare stocks are the shares of businesses that produce pharmaceuticals, medical equipment, healthcare services, and biotechnology goods. Healthcare stocks are commonly seen as a defensive investment since they tend to do well regardless of broader economic conditions, owing to the fact that people constantly require access to medical care.
Overall, healthcare companies can provide investors with diversification as well as the opportunity for long-term gain. However, before investing in the sector, it is critical to thoroughly assess each individual company’s financials, product pipeline, and regulatory environment. Considering all of this, let’s look at three trending healthcare stocks to watch in the stock market now.
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