Healthcare Stocks: The New Magnet for Investors
(SeaPRwire) – By: Logan Pierce, independent business writer
Healthcare stocks are back in the spotlight as investors shift gears. After trailing for a while, they’re gaining momentum. The Health Care Select Sector SPDR Fund rose 3% on Thursday, breaking through short-term resistance.
UnitedHealth and Eli Lilly lead the S&P Health Care index Quant Rankings. Eli Lilly’s GLP-1 drugs are a cash cow, with free cash expected to soar from $22 billion this year to $47 billion by 2030.
AI is revolutionizing drug screening. Companies can now evaluate up to 50 times more early-stage molecules, thanks to computer models replacing some lab work.
Other stocks like Intuitive Surgical, Natera, and Edwards Lifesciences also look promising. Intuitive Surgical is launching a new platform, Natera’s revenue is set to double, and Edwards Lifesciences is expanding into new valve therapies.
The sector shows cautious stability, with select stocks standing out as it finds its footing again.
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