Elective Surgeries Are On the Rise: 3 Stocks That Can Benefit From This Trend
Health insurance companies UnitedHealth Group and Humana have warned investors that costs are going up as demand for surgeries is on the rise. People put off surgeries during the early stages of the pandemic, but now as things go back to normal, there is pent-up demand.
While that might be bad news for health insurers, multiple other businesses can benefit from these trends, including Intuitive Surgical (NASDAQ: ISRG), Medtronic (NYSE: MDT), and Stryker (NYSE: SYK).
Intuitive Surgical makes robotic-assisted systems that help make surgery more precise and efficient. An uptick in surgeries can result in more companies seeking out Intuitive's da Vinci devices, and for those who already have them, that can mean more procedures. Instruments and accessories generate the bulk of Intuitive's recurring revenue, so an increase in procedures is good for business.
Source Fool.com
Vinci S.A. Stock
The community is currently still undecided about Vinci S.A. with 2 Buy predictions and 0 Sell predictions.
With a target price of 130 € there is a positive potential of 22.35% for Vinci S.A. compared to the current price of 106.25 €.
