Best Healthcare Stocks To Watch Today – March 5th

Alphabet, Salesforce, Johnson & Johnson, ServiceNow, Hims & Hers Health, UnitedHealth Group, and Oracle are the seven Healthcare stocks to watch today, according to MarketBeat’s stock screener tool. Healthcare stocks are shares in companies that operate in the healthcare sector, including pharmaceuticals, biotechnology, medical devices, hospitals, and health insurance. These stocks are traded on public exchanges and are often evaluated based on factors like regulatory changes, new drug developments, and demographic trends that influence the demand for medical services and products. 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.

Shares of NASDAQ GOOGL traded up $1.34 during mid-day trading on Wednesday, hitting $172.26. The stock had a trading volume of 12,992,583 shares, compared to its average volume of 29,234,924. The company has a 50 day moving average of $189.52 and a two-hundred day moving average of $176.41. Alphabet has a twelve month low of $130.85 and a twelve 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 market cap of $2.10 trillion, a PE ratio of 21.40, a PEG ratio of 1.34 and a beta of 0.99.

Salesforce (CRM)

Salesforce, Inc. provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.

Shares of Salesforce stock traded up $1.59 on Wednesday, reaching $288.93. 2,625,174 shares of the stock were exchanged, compared to its average volume of 6,776,157. The business has a 50 day moving average price of $326.96 and a two-hundred day moving average price of $308.33. The firm has a market capitalization of $276.50 billion, a price-to-earnings ratio of 47.49, a PEG ratio of 2.58 and a beta of 1.31. Salesforce has a twelve month low of $212.00 and a twelve month high of $369.00. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.14.

Johnson & Johnson (JNJ)

Johnson & Johnson is a holding company, which engages in the research, development, manufacture, and sale of products in the healthcare field. It operates through the Innovative Medicine and MedTech segments. The Innovative Medicine segment focuses on immunology, infectious diseases, neuroscience, oncology, cardiovascular and metabolism, and pulmonary hypertension.

NYSE JNJ traded down $0.24 on Wednesday, hitting $165.18. 4,053,269 shares of the company’s stock traded hands, compared to its average volume of 6,993,460. The firm’s 50-day moving average price is $151.73 and its two-hundred day moving average price is $156.12. The firm has a market capitalization of $397.69 billion, a PE ratio of 24.83, a P/E/G ratio of 2.56 and a beta of 0.52. The company has a current ratio of 1.11, a quick ratio of 0.86 and a debt-to-equity ratio of 0.43. Johnson & Johnson has a 1-year low of $140.68 and a 1-year high of $169.99.

ServiceNow (NOW)

ServiceNow, Inc. provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.

Shares of ServiceNow stock traded up $8.23 during trading on Wednesday, hitting $914.32. 593,026 shares of the company’s stock were exchanged, compared to its average volume of 1,651,481. The stock has a market capitalization of $188.35 billion, a price-to-earnings ratio of 133.51, a PEG ratio of 4.51 and a beta of 0.99. The business has a 50-day simple moving average of $1,030.51 and a 200-day simple moving average of $985.06. ServiceNow has a 52-week low of $637.99 and a 52-week high of $1,198.09. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.10 and a current ratio of 1.10.

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 $0.06 during trading on Wednesday, reaching $40.55. 13,095,980 shares of the company traded hands, compared to its average volume of 12,934,390. Hims & Hers Health has a 12-month low of $11.20 and a 12-month high of $72.98. The stock has a market cap of $9.01 billion, a P/E ratio of 91.68 and a beta of 1.35. The firm’s fifty day simple moving average is $37.08 and its 200 day simple moving average is $27.17.

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 up $1.29 during trading hours on Wednesday, reaching $475.90. The company had a trading volume of 1,036,846 shares, compared to its average volume of 4,938,375. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.83 and a quick ratio of 0.91. The firm has a market cap of $437.96 billion, a PE ratio of 30.71, a price-to-earnings-growth ratio of 1.37 and a beta of 0.61. The business’s 50 day moving average price is $515.18 and its 200-day moving average price is $555.37. UnitedHealth Group has a 1-year low of $436.38 and a 1-year high of $630.73.

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 $3.11 during mid-day trading on Wednesday, reaching $160.58. 2,962,661 shares of the stock were exchanged, compared to its average volume of 11,485,696. Oracle has a 1 year low of $110.67 and a 1 year high of $198.31. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.81 and a current ratio of 0.81. The business’s 50 day moving average is $168.50 and its 200-day moving average is $169.15. The company has a market capitalization of $449.13 billion, a P/E ratio of 39.25, a P/E/G ratio of 3.46 and a beta of 1.05.