3 Top Healthcare Stocks to Buy Right Now
Just as it doesn't make much sense to sail directly into the wind, investors need to be sure they're aligned with long-term trends. In the healthcare space, Dexcom (NASDAQ: DXCM), CVS Health (NYSE: CVS), and Medpace Holdings (NASDAQ: MEDP) all have momentum and strong fundamentals on their side.
Dexcom, which makes wearable continuous glucose monitoring devices and the software for them, has the rise of the number of diabetes patients worldwide fueling its growth. CVS, known as a drug store company but firmly established as a medical insurer thanks to its purchase of Aetna, is helped by increased foot traffic in its stores as vaccination rates increase in the U.S. Medpace has benefited as companies turn to clinical research organizations to more seamlessly run their drug trials and approval processes for new medical therapies and devices.
All three companies have raised their earnings guidance for the year, giving investors one more reason to be excited about their stocks.
Source Fool.com
