Healthcare Stocks on the Rise: Top Five to Watch This Week
MarketBeat's stock screener tool has identified five healthcare stocks to watch in the market. These companies are Medtronic, Johnson & Johnson, Eli Lilly and Company, Moderna, and AbbVie. They have had the highest dollar trading volume of any healthcare stocks within the last several days.
MEDTRONIC (MDT) is a medical device company that develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients worldwide. Its Cardiovascular Portfolio segment offers various products, including implantable cardiac pacemakers, cardioverter defibrillators, and cardiac resynchronization therapy devices.
The company's performance can be influenced by regulatory changes, drug approvals, medical innovation, and shifts in healthcare demand. Investors may view healthcare stocks as opportunities for long-term growth and diversification.