3 Top Diabetes Stocks to Buy Now
Diabetes is huge problem for Americans. Between 1990 and 2010, the number of U.S. residents with diabetes tripled, and the number of new cases annually doubled. Both prevalence and costs associated with diabetes are projected to increase by more than 50% by 2030.
But where there's a problem, there's also an opportunity. Healthcare companies continue to develop innovative new approaches to treating and managing diabetes. This innovation in turn creates value for investors.
At least 15 publicly traded companies have current products addressing diabetes either on the market or in development. A few of these stocks hold the potential to generate market-beating returns for investors. I think that Abbott Laboratories (NYSE: ABT), Becton, Dickinson and Company (NYSE: BDX), and Johnson & Johnson (NYSE: JNJ) will especially stand out over the next few years. Here's why these are three top diabetes stocks to buy now.
Source: Fool.com
Abbott Laboratories Stock
With 20 Buy predictions and not the single Sell prediction the community is currently very high on Abbott Laboratories.
As a result the target price of 116 € shows a slightly positive potential of 14.4% compared to the current price of 101.4 € for Abbott Laboratories.
