Healthcare Stocks Worth Watching – July 17th

Alphabet, GE Aerospace, 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 in the medical and life-science sectors—such as pharmaceuticals, biotechnology, medical devices, hospitals, and health insurers. They give investors ownership in businesses that research, develop, manufacture, and deliver healthcare products and services. Because healthcare demand tends to be relatively stable, these stocks are often viewed as a defensive component in a diversified portfolio. 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 stock traded down $0.70 during midday trading on Thursday, reaching $182.27. The company had a trading volume of 17,798,336 shares, compared to its average volume of 31,992,344. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.77 and a quick ratio of 1.77. Alphabet has a 1 year low of $140.53 and a 1 year high of $207.05. The company has a market capitalization of $2.21 trillion, a P/E ratio of 20.35, a P/E/G ratio of 1.28 and a beta of 1.00. The firm has a 50-day moving average price of $171.67 and a 200-day moving average price of $173.20.

GE Aerospace (GE)

GE Aerospace (also known as General Electric) is a company that specializes in providing aerospace products and services. It operates through two reportable segments: Commercial Engines and Services and Defense and Propulsion Technologies. It offers jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft.

Shares of GE Aerospace stock traded down $3.15 during trading on Thursday, reaching $263.03. The company’s stock had a trading volume of 11,328,251 shares, compared to its average volume of 5,617,387. GE Aerospace has a 52-week low of $150.20 and a 52-week high of $279.71. The company has a market cap of $280.49 billion, a price-to-earnings ratio of 40.88, a PEG ratio of 3.17 and a beta of 1.37. The firm’s 50-day moving average is $242.49 and its two-hundred day moving average is $210.45. The company has a quick ratio of 0.77, a current ratio of 1.08 and a debt-to-equity ratio of 0.90.

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.

Shares of Oracle stock traded up $6.04 during trading on Thursday, reaching $247.34. The company’s stock had a trading volume of 10,595,141 shares, compared to its average volume of 10,306,979. Oracle has a 52-week low of $118.86 and a 52-week high of $251.45. The company has a market cap of $694.74 billion, a price-to-earnings ratio of 56.99, a PEG ratio of 3.51 and a beta of 1.39. The firm’s 50-day moving average is $192.33 and its two-hundred day moving average is $167.83. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 4.07.