Best Healthcare & Medical Stocks

Best Healthcare Stocks Canada

Shares in healthcare and medicine are trading below $5 a share, sorted by the biggest one-day gains. Today we found that many of the top 10 small-cap stocks on our list have experienced rising price dynamics year on year. While the overall performance of Canadian small-cap US stocks in the second half of 2019 has been weak, some stand out that are worth watching right now. Sources: 5, 16, 17

One of the healthcare stocks that posted the biggest one-day gains in the past two years is East West Pharmaceutical Services Inc., is one of Canada’s largest pharmaceutical companies with a track record in the pharmaceutical industry. Sources: 6

Analysts expect this solid performance to continue through 2021, and it is not surprising that many biotech stocks have performed well against this backdrop. Savaria (TSE: SIS) may not have the flash of companies like Health CloudMD, but the stock is still a good investment for Canadians who should be looking for consistent future returns. Even without a pandemic, the world’s aging demographics are a good reason to buy Canadian health-care stocks, especially in the health-care sector. Sources: 11, 13, 19

Healthcare stocks are one of 11 sectors defined by the Global Industry Classification Standard. Learn more about the top healthcare stocks – Care Penny – that trade on the NYSE, NASDAQ and AMEX. Check out our guide to buying and holding your preferred shares for the long term and have a look at the best 5G shares available until 2021. Sources: 4, 5

Investing in well-established healthcare stocks can provide a safety cushion in an aggressive growth portfolio. Health stocks are considered defensive stocks because they tend to perform well in bear markets and depreciate less. If you want to add a health stock to your portfolio and make it part of your long-term investment strategy, FSPHX is a wise choice. Sources: 4, 10, 18

Subscribe to our free newsletter to get started with our guide to the best health stocks in Canada for 2017 and beyond. This is a free weekly roundup of our best health stocks from Canada and the US. Sources: 15

We have combined the stocks of about 230 companies to provide an easy way to track the performance of the Canadian economy and stock market, as the S & P TSX Composite Index is widely recognized as the benchmark index for Canada. The Canadian pharmaceutical stocks listed below have been compiled using the TradingView stock screening device. When we looked at the top 10 health stocks in Canada and the US, we found that only eight stocks contained more than 50% of their US counterparts. By comparison, only seven of Canada’s 20 largest health care companies were better than their U.S. counterparts. Sources: 0, 7, 12, 14

The S & P TSX Composite Index has a market capitalization of about $2.5 billion, roughly the market capitalization of the U.S. S & P 500, but the volatile marijuana stocks are more than twice as large as their U.S. counterparts and have an average market capitalization of $1.7 billion. Sources: 0

This is the only Canadian fund in the sector to provide decent cash flow, and the fund tracks the NASDAQ Biotechnology Index, which is composed mainly of companies with a strong track record of successful clinical trials, such as Biogen Inc. (BIIB) and Merck & Co. Sources: 10, 14

About one third of the fund’s assets are invested in hospital investments, with a further 20% in two areas not found on the Canadian healthcare market: pharmaceuticals and biotechnology. About two-thirds of the funds “assets in this sector are pharmaceutical companies, and about a quarter of them are invested in hospital equity, a rare combination of two areas not found in the” Canadian healthcare market, “namely medical technology companies and medical research and development. Sources: 3, 14

If you are Canadian, most banks will have a trading platform where you can buy all the above stocks. You can invest in health ETFs on Canadian exchanges, but if you’re looking for more options, you should also explore the options on the Canadian exchange and TSX Venture Exchange. Sources: 1, 4

Determining the valuation of health stocks before buying is important to ensure that you pay a fair price for them. The most important thing to check for any health stocks you are considering is the company’s growth prospects. Although it looks like the opportunity is only a temporary boost, one should expect stocks to take advantage of this opportunity to grow quickly and continue after the pandemic. Sources: 2, 8

Canadian investors looking for profitable stocks in the context of the fight against the COVID-19 pandemic have many options of their own. Investing in small domestic companies carries both increased risk and higher returns, but what is certain is that the diversification and growth potential will provide Canadian investors with diversified growth that is not available locally. Many of the best stocks to buy in 2021 are tied to the prospects for economic recovery as the world struggles to cope with the global financial crisis. Sources: 0, 5, 9

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