Healthcare Stocks To Follow Now – July 15th

Alphabet, UnitedHealth Group, and Oracle are the three Healthcare stocks to watch today, according to MarketBeat’s stock screener tool. Healthcare stocks are shares of publicly traded companies operating within the medical and life-science industries, including pharmaceuticals, biotechnology, medical device manufacturers, healthcare providers and insurers. By owning these equities, investors gain exposure to developments in drug research, treatment technologies and patient care delivery, which can offer both growth potential and defensive characteristics. The performance of healthcare stocks is shaped by factors such as regulatory approvals, clinical trial outcomes, demographic trends and changes in healthcare policy. 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.

GOOGL traded up $1.78 during trading on Tuesday, hitting $183.34. 17,177,289 shares of the company’s stock were exchanged, compared to its average volume of 31,860,228. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.03. Alphabet has a 1 year low of $140.53 and a 1 year high of $207.05. The stock has a 50 day moving average price of $170.66 and a 200 day moving average price of $173.07. The firm has a market cap of $2.22 trillion, a P/E ratio of 20.43, a price-to-earnings-growth ratio of 1.27 and a beta of 1.00.

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.

UNH traded down $6.27 during trading hours on Tuesday, reaching $294.31. 8,728,592 shares of the stock traded hands, compared to its average volume of 7,722,144. The firm’s fifty day simple moving average is $312.43 and its two-hundred day simple moving average is $438.47. The company has a market cap of $266.98 billion, a price-to-earnings ratio of 12.32, a PEG ratio of 1.46 and a beta of 0.45. UnitedHealth Group has a fifty-two week low of $248.88 and a fifty-two week high of $630.73. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.85 and a quick ratio of 0.85.

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.

ORCL traded up $3.39 during trading hours on Tuesday, reaching $232.67. 4,449,451 shares of the stock traded hands, compared to its average volume of 12,252,184. The firm’s fifty day simple moving average is $188.76 and its two-hundred day simple moving average is $166.84. The company has a market cap of $653.52 billion, a price-to-earnings ratio of 53.61, a PEG ratio of 3.45 and a beta of 1.39. Oracle has a fifty-two week low of $118.86 and a fifty-two week high of $241.44. The company has a debt-to-equity ratio of 4.07, a current ratio of 0.75 and a quick ratio of 0.75.