Looking for ways to bolster your investment portfolio during uncertain times? Look no further than these recession-proof growth stocks available on the stock market. In this blog post, we’ll be discussing the top growth stocks you can buy now to help grow your investments with a company that has a history of weathering economic downturns. So let’s dive in and explore the best stocks to buy now that will continue to flourish even during a recession!
Growth Stocks To Buy Now That Are Recession Proof! Best Stocks To Buy Now on The Stock Market!
Introduction
Investing in stocks can be a challenging task, especially during periods of economic recession. However, with the healthcare industry outlook projected to grow, it presents an opportunity for investors to consider mid-cap healthcare stocks that are recession-proof.
This article discusses the 11 best mid-cap healthcare stocks to buy. These selections were made using stock screeners to identify the best mid-cap healthcare stocks with market caps ranging from $2 billion to $10 billion. The top 11 mid-cap healthcare stocks were picked based on their hedge fund investors.
Note that this article is not investment advice or financial advice and should not be taken as such. Before investing in any particular stock, you should consult with a financial advisor.
The Healthcare Industry Outlook
Before we delve into the top mid-cap healthcare stocks to buy, let us look at the healthcare industry outlook. The outlook is a little uncertain due to various factors such as the ongoing COVID-19 pandemic, but healthcare profits are still expected to have a CAGR of 4%.
One trend shaping the healthcare industry is virtual healthcare. Virtual healthcare provides patients with an alternative to physical care and has the potential to transform the healthcare industry.
The 11 Best Mid-Cap Healthcare Stocks to Buy
Below are the top 11 mid-cap healthcare stocks to buy.
Anthem Inc (ANTM) – Anthem Inc. is a health insurance provider that operates through three segments: Commercial, Government, and Specialty. Anthem Inc. has a market capitalization of $83.68 billion.
Biogen Inc (BIIB) – Biogen Inc. is a biotechnology company focused on research, development, and manufacturing of therapies for neurodegenerative, hematologic, and autoimmune diseases. Biogen Inc. has a market capitalization of $41.22 billion.
Boston Scientific Corporation (BSX) – Boston Scientific Corporation is a medical device company that develops and markets medical devices worldwide. Boston Scientific Corporation has a market capitalization of $53.38 billion.
Cigna Corporation (CI) – Cigna Corporation is a global health insurance company providing healthcare, dental, vision, and pharmacy benefits. Cigna Corporation has a market capitalization of $76.34 billion.
DaVita Inc (DVA) – DaVita Inc is a healthcare company providing kidney care services. DaVita Inc has a market capitalization of $13.02 billion.
HCA Healthcare Inc (HCA) – HCA Healthcare Inc is a healthcare services company that operates hospitals and surgery centers. HCA Healthcare Inc has a market capitalization of $57.84 billion.
Humana Inc (HUM) – Humana Inc is a health insurance company that offers Medicare Advantage plans, prescription drug plans, and related products. Humana Inc has a market capitalization of $45.28 billion.
IQVIA Holdings Inc (IQV) – IQVIA Holdings Inc is a healthcare analytics and clinical research company that provides comprehensive solutions for healthcare companies. IQVIA Holdings Inc has a market capitalization of $27.07 billion.
Jazz Pharmaceuticals plc (JAZZ) – Jazz Pharmaceuticals plc is a biopharmaceutical company that develops and markets therapies for various medical conditions. Jazz Pharmaceuticals plc has a market capitalization of $7.76 billion.
Quest Diagnostics Incorporated (DGX) – Quest Diagnostics Incorporated is a healthcare services company that provides diagnostic information services. Quest Diagnostics Incorporated has a market capitalization of $14.57 billion.
Teleflex Incorporated (TFX) – Teleflex Incorporated is a medical device company that provides products and services for respiratory and anesthesia care, vascular access, surgical care, and cardiac care. Teleflex Incorporated has a market capitalization of $20.24 billion.
Perks and Sources
To access more perks, viewers can join the channel. The data used for this article was sourced from insidermonkey.com.
Conclusion
Investing in the stock market can be a fruitful venture if done with the right strategy. The healthcare industry presents an excellent opportunity for investors to consider mid-cap healthcare stocks that are recession-proof. However, it is crucial to do due diligence and seek advice from financial advisors before investing in any particular stocks.
The top 11 mid-cap healthcare stocks listed here are just a starting point for investors. As always, research is key when investing in the stock market.
