Promising Healthcare Stocks to Watch Today - March 28th

On March 28th, a selection of seven noteworthy healthcare stocks is highlighted for investors to consider, based on the latest insights from a stock screener tool. These stocks belong to companies that are heavily involved in the healthcare sector, which includes industries like pharmaceuticals, biotechnology, hospitals, and medical devices. The healthcare sector is vital as it provides essential products and services that maintain constant demand, yet it is also susceptible to changes due to regulations and technological innovations.

Alphabet (GOOGL)

Alphabet Inc. operates various platforms and services internationally, including Google Services, Google Cloud, and other areas referred to as Other Bets. The Google Services segment encompasses a range of popular products such as ads, Gmail, YouTube, and Google Maps.

Recently, shares of NASDAQ GOOGL declined by $7.21, settling at $155.03 during trading. The trading volume for the day was 20,060,661 shares, compared to an average volume of 27,159,991. Alphabet has a current market capitalization of $1.89 trillion, with a price-to-earnings ratio of 19.27. The stock saw a twelve-month low of $147.22 and a high of $207.05 in the same period.

Oracle (ORCL)

Oracle Corporation specializes in information technology products and services on a global scale. Its offerings include various cloud-based applications such as enterprise resource planning and performance management, along with Oracle Cerner in healthcare.

On Friday, Oracle stock dropped $5.98 and was priced at $139.80 with a trading volume of 6,298,223 shares, compared to its average volume of 8,928,662. The company holds a market cap of $391.02 billion and has a price-to-earnings ratio of 34.12. Over the past year, Oracle's shares ranged from a low of $112.78 to a high of $198.31.

ServiceNow (NOW)

ServiceNow, Inc. provides digital workflow solutions designed for businesses globally. Its Now platform integrates artificial intelligence and machine learning to facilitate overall digital transformation.

ServiceNow shares traded down $35.31, reaching a price of $792.43. The stock's trading volume was 750,159 shares, less than its average of 1,403,225. With a market capitalization of $163.24 billion, its price-to-earnings ratio stands at 115.93, while the stock's lows and highs in the past year were $637.99 and $1,198.09 respectively.

Salesforce (CRM)

Salesforce, Inc. offers Customer Relationship Management (CRM) technology that connects businesses with customers through sales and service solutions.

Salesforce stock saw a decrease of $7.62, closing at $270.19, with a trading volume of 2,025,132 shares. The total market cap for the company is $259.66 billion, and its price-to-earnings ratio is 44.40. The stock has ranged from a low of $212.00 to a high of $369.00 in the last year.

Merck & Co., Inc. (MRK)

Merck & Co., Inc. focuses on providing health solutions through its medical products, including prescription medications and vaccines.

The stock traded up by $2.22, reaching $89.82, with a total volume of 5,638,003 shares. Merck's market capitalization is currently $226.88 billion, with a price-to-earnings ratio of 13.34. The share price has fluctuated between a low of $81.04 and a high of $134.63 over the previous twelve months.

UnitedHealth Group (UNH)

UnitedHealth Group specializes in comprehensive healthcare services with segments focused on health benefits for various demographics.

UnitedHealth stock gained $3.06, increasing its price to $518.78. The trading volume stood at 964,616 shares, significantly lower than its 4,261,730 average. It possesses a market cap of $474.53 billion and a price-to-earnings ratio of 33.46. The stock's twelve-month low was $436.38 while its high reached $630.73.

Vertiv (VRT)

Vertiv Holdings Co. focuses on providing critical technology infrastructure and lifecycle services across various sectors globally.

Vertiv stock decreased by $3.52, reaching $72.80 with a trading volume of 6,770,324 shares. The company has a market cap of $27.72 billion and a price-to-earnings ratio of 56.76. Over the last year, its stock price moved from a low of $62.40 to a peak of $155.84.

Healthcare, Stocks, Investing