Top Healthcare Stocks To Research – May 30th

Alphabet, UnitedHealth Group, Zscaler, Salesforce, and Hims & Hers Health are the five Healthcare stocks to watch today, according to MarketBeat’s stock screener tool. Healthcare stocks are shares of publicly traded companies operating in the medical and health services sector, including manufacturers of pharmaceuticals, biotechnology firms, medical device makers, hospitals, and health insurers. Investors buy these equities to gain exposure to the performance and innovation of healthcare businesses, which can offer defensive qualities in economic downturns and growth potential through medical advances. These companies had the highest dollar trading volume of any Healthcare stocks within the last several days.

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 down $3.61 during trading on Friday, hitting $168.25. The stock had a trading volume of 16,871,683 shares, compared to its average volume of 29,816,986. The firm has a fifty day moving average of $159.12 and a two-hundred day moving average of $174.68. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.84 and a quick ratio of 1.84. The company has a market capitalization of $2.04 trillion, a PE ratio of 20.89, a PEG ratio of 1.34 and a beta of 1.01. Alphabet has a 12 month low of $140.53 and a 12 month high of $207.05.

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 UnitedHealth Group stock traded up $2.52 on Friday, reaching $300.69. The stock had a trading volume of 8,444,827 shares, compared to its average volume of 6,752,032. UnitedHealth Group has a 1 year low of $248.88 and a 1 year high of $630.73. The company has a market cap of $272.77 billion, a P/E ratio of 19.38, a price-to-earnings-growth ratio of 1.37 and a beta of 0.56. The company has a current ratio of 0.83, a quick ratio of 0.91 and a debt-to-equity ratio of 0.74. The business’s 50 day moving average is $435.12 and its two-hundred day moving average is $496.39.

Zscaler (ZS)

Zscaler, Inc. operates as a cloud security company worldwide. The company offers Zscaler Internet Access solution that provides users, workloads, IoT, and OT devices secure access to externally managed applications, including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds.

Shares of ZS stock traded up $22.57 during trading on Friday, hitting $273.68. The company had a trading volume of 5,322,807 shares, compared to its average volume of 2,072,319. Zscaler has a 52 week low of $153.45 and a 52 week high of $273.57. The stock’s 50-day moving average is $219.46 and its two-hundred day moving average is $205.90. The stock has a market capitalization of $42.34 billion, a price-to-earnings ratio of -1,092.81 and a beta of 1.14.

Salesforce (CRM)

Salesforce, Inc. provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.

CRM stock traded down $4.04 on Friday, reaching $262.88. The company’s stock had a trading volume of 5,535,892 shares, compared to its average volume of 6,984,482. The business has a fifty day simple moving average of $267.78 and a two-hundred day simple moving average of $305.28. Salesforce has a 12-month low of $212.00 and a 12-month high of $369.00. The firm has a market cap of $252.73 billion, a PE ratio of 43.20, a PEG ratio of 2.58 and a beta of 1.42. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.11 and a current ratio of 1.11.

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 NYSE:HIMS traded up $2.19 on Friday, hitting $54.59. 20,277,826 shares of the company traded hands, compared to its average volume of 19,660,491. Hims & Hers Health has a 52 week low of $13.47 and a 52 week high of $72.98. The stock has a 50 day simple moving average of $39.45 and a 200-day simple moving average of $35.80. The company has a market cap of $12.22 billion, a PE ratio of 123.31 and a beta of 1.84.