Healthcare Stocks To Follow Now – May 18th

UnitedHealth Group, Alphabet, Hims & Hers Health, Oracle, and Johnson & Johnson are the five Healthcare stocks to watch today, according to MarketBeat’s stock screener tool. Healthcare stocks are shares of publicly traded companies that develop, manufacture, and distribute products or services related to medical care, pharmaceuticals, biotechnology, and health insurance. Investors buy these equities to gain exposure to innovation in drug development, medical devices, hospital services, and other aspects of the healthcare industry. The performance of healthcare stocks often reflects regulatory approvals, clinical trial results, and broader demographic trends such as aging populations. These companies had the highest dollar trading volume of any Healthcare stocks within the last several days.

UnitedHealth Group (UNH)

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.

Shares of NYSE UNH traded up $16.89 during trading on Friday, reaching $291.24. 70,463,502 shares of the company traded hands, compared to its average volume of 5,875,758. The firm has a 50 day simple moving average of $470.82 and a 200-day simple moving average of $513.60. The company has a quick ratio of 0.91, a current ratio of 0.83 and a debt-to-equity ratio of 0.74. The stock has a market capitalization of $264.20 billion, a PE ratio of 18.79, a P/E/G ratio of 1.37 and a beta of 0.56. UnitedHealth Group has a 52-week low of $248.88 and a 52-week high of $630.73.

Alphabet (GOOGL)

Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.

Shares of NASDAQ GOOGL traded up $2.23 during trading on Friday, reaching $166.19. 42,579,974 shares of the company traded hands, compared to its average volume of 29,082,011. The firm has a 50 day simple moving average of $158.21 and a 200-day simple moving average of $175.01. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $2.02 trillion, a PE ratio of 20.64, a P/E/G ratio of 1.34 and a beta of 1.01. Alphabet has a 52-week low of $140.53 and a 52-week high of $207.05.

Hims & Hers Health (HIMS)

Hims & Hers Health, Inc. operates a telehealth consultation platform. It connects consumers to healthcare professionals, enabling them to access medical care for mental health, sexual health, dermatology and primary care. The company was founded in 2017 and is headquartered in San Francisco, CA.

Shares of HIMS traded up $5.87 during mid-day trading on Friday, reaching $64.45. The stock had a trading volume of 50,717,275 shares, compared to its average volume of 19,398,819. The business has a fifty day moving average of $35.44 and a 200 day moving average of $33.79. Hims & Hers Health has a 12 month low of $13.47 and a 12 month high of $72.98. The firm has a market cap of $14.43 billion, a price-to-earnings ratio of 146.47 and a beta of 1.84.

Oracle (ORCL)

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.

Shares of NYSE:ORCL traded up $0.91 during midday trading on Friday, reaching $160.31. 8,495,670 shares of the company were exchanged, compared to its average volume of 9,479,850. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 5.65. The business’s fifty day moving average is $142.91 and its two-hundred day moving average is $162.49. Oracle has a one year low of $114.55 and a one year high of $198.31. The stock has a market cap of $448.39 billion, a PE ratio of 39.20, a price-to-earnings-growth ratio of 3.46 and a beta of 1.27.

Johnson & Johnson (JNJ)

Johnson & Johnson is a holding company, which engages in the research, development, manufacture, and sale of products in the healthcare field. It operates through the Innovative Medicine and MedTech segments. The Innovative Medicine segment focuses on immunology, infectious diseases, neuroscience, oncology, cardiovascular and metabolism, and pulmonary hypertension.

Shares of NYSE:JNJ traded up $1.76 during midday trading on Friday, reaching $151.37. 8,045,511 shares of the company were exchanged, compared to its average volume of 7,949,399. The company has a current ratio of 1.11, a quick ratio of 0.86 and a debt-to-equity ratio of 0.43. The business’s fifty day moving average is $156.27 and its two-hundred day moving average is $153.90. Johnson & Johnson has a one year low of $140.68 and a one year high of $169.99. The stock has a market cap of $364.20 billion, a PE ratio of 22.76, a price-to-earnings-growth ratio of 2.56 and a beta of 0.42.