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What are Different Types of Healthcare Stocks

Healthcare stocks fall under different categories including biotech, pharmaceutical, health insurance, pharmacy benefit manager, medical supply, and more.

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What are Different Types of Healthcare Stocks

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  1. What Are the Different Types of Healthcare Stocks? Healthcare stocks fall under different categories including biotech, pharmaceutical, health insurance, pharmacy benefit manager, medical supply, and more. As the healthcare sector is growing significantly faster with a wide range of companies selling medical products, services, drugs, medical devices, www.tradezero.co +1-954-944-3885

  2. insurance and more, investors have a huge opportunity here. Before investing in stocks, find companies with long-term profitability in this sector and then choose trustworthy stock trading software. Some of the main categories in healthcare stocks are – Pharmaceutical Stocks This sector is getting more demand now, with some companies receiving regulatory approval for developing drugs to treat COVID-19 and creating effective vaccines to prevent the pandemic. Such companies’ stocks may perform better, if there is a huge earning potential for their newly released products. Compared to smaller counterparts, large pharmaceutical companies may be usually less risky to invest in. Some of the top pharmaceutical stocks investors can consider are – •AbbVie (NYSE:ABBV) •Bristol Myers Squibb (NYSE:BMY) •Johnson & Johnson (NYSE:JNJ) •Pfizer (NYSE:PFE) •AstraZeneca (NASDAQ:AZN) Medical Supply Stocks During this pandemic, many companies supplying medical consumables, personal protective equipment, hospital wear, rubber gloves and work wear apparels are in more demand than those supplying surgical devices. Some of the top medical supply stocks are - •Becton Dickinson and Co (NYSE: BDX) •MSA Safety (NYSE:MSA) •Fresenius Medical Care (NYSE:FMS) www.tradezero.co +1-954-944-3885

  3. •LeMaitre Vascular (NASDAQ:LMAT) •UG Healthcare Corporation Ltd (SGX: 8K7) Health Insurance Stocks Health insurers have a key role to play in the healthcare services sector. While choosing the health insurance stock, it is important for investors to be up to date with the regulatory frameworks. You should also take efforts to minimize any losses related to these stocks to benefit from online stock trading. Also, analyze the medical cost ratio and medical loss ratio before investing. Top health insurance stocks are – •UnitedHealth Group (NYSE:UNH) •Anthem (NYSE:ANTM) •CVS Health (NYSE:CVS) Biotech Stocks R&D companies engage in finding treatments for the current pandemic as well as chronic and terminal ailments such as cancer, heart disease and more. Investors may be interested in this sector; as such stocks offer the potential for huge long-term returns. Some of the best biotech stocks are – •Axsome Therapeutics (NASDAQ:AXSM) •Exelixis (NASDAQ:EXEL) •Gilead Sciences (NASDAQ:GILD) •Novavax (NASDAQ:NVAX) •Vertex Pharmaceuticals (NASDAQ:VRTX) •Regeneron Pharmaceuticals (NASDAQ:REGN) www.tradezero.co +1-954-944-3885

  4. Medical Care Stocks Medical practices, hospitals and clinics serve as the foundation for any healthcare system. So, there could be a good investment potential here. While many individual doctors run private offices and many hospitals are run by large nonprofits, there are also many for-profit companies in healthcare services. Medical care stocks to invest in include •Community Health Systems Inc (NYSE: CYH) •HCA Healthcare Inc (NYSE: HCA) •Teladoc Health Inc (NYSE: TDOC) •Centene Corp (NYSE: CNC) While investing in a growing healthcare stock provides good growth prospects and opportunities for robust earnings, there are some unique investment risks too. www.tradezero.co +1-954-944-3885

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