Promising Healthcare Stocks To Watch Today – May 2nd

UnitedHealth Group, Alphabet, Berry Global Group, Hims & Hers Health, Oracle, Becton, Dickinson and Company, and Stryker are the seven Healthcare stocks to watch today, according to MarketBeat’s stock screener tool. Healthcare stocks are shares of companies involved in the development, production, and distribution of medical goods and services—ranging from pharmaceutical and biotechnology firms to medical device manufacturers, hospitals, and health insurers. Investors buy these equities to gain exposure to the healthcare sector’s growth and innovation, which is often viewed as relatively defensive due to the consistent demand for medical treatments and services. 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.

NYSE:UNH traded down $0.70 during trading hours on Friday, hitting $399.98. 5,871,547 shares of the stock traded hands, compared to its average volume of 4,578,107. 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 50 day moving average price of $497.29 and a 200 day moving average price of $529.82. The company has a market cap of $364.07 billion, a price-to-earnings ratio of 25.77, a price-to-earnings-growth ratio of 1.37 and a beta of 0.61. UnitedHealth Group has a 1 year low of $393.31 and a 1 year 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.

GOOGL traded up $2.74 during trading on Friday, reaching $164.04. 13,138,088 shares of the company traded hands, compared to its average volume of 33,101,309. The company has a market cap of $2.00 trillion, a P/E ratio of 20.38, a PEG ratio of 1.34 and a beta of 1.03. Alphabet has a 12-month low of $140.53 and a 12-month high of $207.05. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.84 and a current ratio of 1.84. The firm has a fifty day simple moving average of $160.42 and a 200 day simple moving average of $175.35.

Berry Global Group (BERY)

Berry Global Group, Inc. manufactures and supplies non-woven, flexible, and rigid products in consumer and industrial end markets in the United States, Canada, Europe, and internationally. The company operates through Consumer Packaging International; Consumer Packaging North America; Engineered Materials; and Health, Hygiene & Specialties segments.

NYSE:BERY traded down $1.94 during trading hours on Friday, reaching $67.69. The stock had a trading volume of 18,809,857 shares, compared to its average volume of 1,394,257. The company has a debt-to-equity ratio of 3.35, a quick ratio of 1.09 and a current ratio of 1.61. The stock has a market capitalization of $7.84 billion, a PE ratio of 16.88, a PEG ratio of 1.54 and a beta of 1.14. Berry Global Group has a 52 week low of $57.52 and a 52 week high of $74.24. The company has a 50 day moving average price of $68.94 and a two-hundred day moving average price of $68.59.

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 $3.39 during mid-day trading on Friday, hitting $39.55. 28,669,920 shares of the company’s stock traded hands, compared to its average volume of 16,661,939. Hims & Hers Health has a 1 year low of $11.20 and a 1 year high of $72.98. The company’s 50-day moving average is $32.19 and its two-hundred day moving average is $31.30. The company has a market capitalization of $8.79 billion, a P/E ratio of 89.65 and a beta of 1.65.

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.

NYSE:ORCL traded up $6.03 during midday trading on Friday, hitting $151.52. 7,016,973 shares of the company traded hands, compared to its average volume of 9,390,587. Oracle has a 12-month low of $114.26 and a 12-month high of $198.31. 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 firm’s fifty day moving average is $143.97 and its 200-day moving average is $164.06. The firm has a market capitalization of $423.80 billion, a P/E ratio of 37.09, a P/E/G ratio of 3.46 and a beta of 1.22.

Becton, Dickinson and Company (BDX)

Becton, Dickinson and Company develops, manufactures, and sells medical supplies, devices, laboratory equipment, and diagnostic products for healthcare institutions, physicians, life science researchers, clinical laboratories, pharmaceutical industry, and the general public worldwide. The company operates in three segments: BD Medical, BD Life Sciences, and BD Interventional.

Shares of NYSE:BDX traded down $1.62 during trading hours on Friday, hitting $167.92. 5,265,362 shares of the company’s stock traded hands, compared to its average volume of 1,797,444. The firm has a market capitalization of $48.22 billion, a P/E ratio of 27.74, a price-to-earnings-growth ratio of 1.63 and a beta of 0.35. The business has a fifty day moving average price of $215.99 and a 200-day moving average price of $226.21. Becton, Dickinson and Company has a 1 year low of $166.15 and a 1 year high of $251.99. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.13 and a quick ratio of 0.63.

Stryker (SYK)

Stryker Corporation operates as a medical technology company. The company operates through two segments, MedSurg and Neurotechnology, and Orthopaedics and Spine. The Orthopaedics and Spine segment provides implants for use in total joint replacements, such as hip, knee and shoulder, and trauma and extremities surgeries.

Shares of NYSE:SYK traded up $3.35 on Friday, hitting $377.34. 2,238,819 shares of the company’s stock were exchanged, compared to its average volume of 1,353,140. The stock has a market capitalization of $144.03 billion, a price-to-earnings ratio of 48.69, a price-to-earnings-growth ratio of 2.93 and a beta of 0.93. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.95 and a quick ratio of 1.32. Stryker has a 12 month low of $314.93 and a 12 month high of $406.19. The business’s 50 day simple moving average is $366.62 and its two-hundred day simple moving average is $373.60.