2 No-Brainer Healthcare Stocks to Buy With $1,000
Some stocks look so attractive that they are hard to pass up. These are often industry leaders with robust underlying businesses, competitive edges, and plenty of growth potential. That describes Novo Nordisk (NYSE: NVO) and HCA Healthcare (NYSE: HCA) well. These two healthcare leaders have generally delivered above-average returns, yet they have plenty left in the tank.
For those with $1,000 to spare that isn't earmarked for emergencies, here's why putting that money in these two companies would be a great move.
Novo Nordisk, a longtime leader in the pharmaceutical industry, has become even more of a household name in recent years. That's because of the Denmark-based drugmaker's work in obesity care. Novo Nordisk's Wegovy, a weight loss therapy, is one of the leaders in this fast-growing market. Ozempic, another famous brand that shares Wegovy's active ingredient (semaglutide), is a top-selling diabetes medicine. These two are helping Novo Nordisk deliver excellent financial results.
Source Fool.com
