Moderna's 177% Surge Sparks Interest in Top Healthcare Stocks
Several healthcare stocks are worth watching after Moderna surged overnight by 177%, according to MarketBeat's stock screener tool. The tool also highlights Eli Lilly and Company, Johnson & Johnson, UnitedHealth Group, Merck & Co., Inc., Thermo Fisher Scientific, and Novo Nordisk A/S as top picks in the sector.
These companies operate in various areas of the healthcare industry, including pharmaceutical manufacturing, biotechnology, medical devices, healthcare providers, and health insurers. Investors may consider them for their growth potential, defensive characteristics, and exposure to trends such as aging populations, medical innovation, and rising demand for healthcare services.
The seven stocks have seen significant trading volume in recent days, with Moderna being the standout performer. The company's messenger RNA therapeutics and vaccines are used to treat various diseases, including infectious diseases, immuno-oncology, rare diseases, autoimmune, and cardiovascular diseases.