2 Great Healthcare Stocks to Buy on Sale Right Now
Investing over the past year has been challenging. Underlying the early 2020 stock market collapse and its subsequent run-up to new all-time highs, there was a shift toward companies that facilitated a more remote, contact-free existence. Companies like Etsy, Peloton, and Zoom made life a bit easier during the hardships of the pandemic, and their stocks soared.
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That reversed in February as vaccination rates began to rise significantly, with the pace of Americans getting inoculated each day approaching 2 million and climbing. In healthcare, stocks like telehealth leader Teladoc (NYSE: TDOC) and diagnostics player Quidel (NASDAQ: QDEL) gave back some of their COVID-driven gains. They're now down 36% and 47%, respectively, from their peaks. That has given investors another chance to buy shares at discounted prices.
Source Fool.com
