There are many reasons to invest in health stocks. This is one of the few market sectors to benefit from a ‘positive bubble’: increased demand, limited supply of skilled workers and an aging population. Subsequently, healthcare stocks remain among the most lucrative opportunities available to investors. However, not all health care actions are created equal. Some will perform better than others in any given market environment. This article explores several safe stocks to buy in the healthcare sector in 2022 and beyond.
Clover Health Investments (CLOV)
Clover Health Investments is a venture capital firm that invests in various healthcare startups. It focuses on building businesses designed to serve the broader health system. CLOV’s portfolio consists of companies operating in health insurance, telemedicine, care management and precision medicine. The company has a relatively short track record, so its long-term performance is difficult to predict. However, CLOV is a promising opportunity for investors.
Oak Street Health (OSH)
Oak Street Health is a provider of population health management solutions. As the health system becomes more integrated, there is a greater need for data that can be used to assess the effectiveness of the system. OSH offers a cloud-based platform that provides a wide range of data visualization and analysis tools. The company has received significant interest from investors, which has led to its rapid growth in revenue and number of clients. Based on the recent growth trend, OSH is poised to become a dominant force in the healthcare data analytics segment. This company has a bright future. OSH is projected to be on a strong growth trajectory through 2021 and beyond.
Diagnostic Lookup (DGX)
Quest Diagnostics is a provider of diagnostic testing services in the United States, Europe and Asia. The company’s revenue stream is roughly divided among its three geographic segments. Quest Diagnostics operates in a mature industry, but the company has done an excellent job of sustaining growth over the years. It has managed to maintain positive revenue growth, even during economic downturns. Quest Diagnostics has also maintained its profitability during recessions, which has kept its stock price stable. This is a sign that Quest Diagnostics is a safe investment. In addition, DGX’s diverse revenue streams, strong track record and strong management team make it an excellent choice for healthcare investors.
ninety (nov)
Ninety is a health insurance company that focuses on serving the chronically ill. The company can do this profitably because it receives government financing to cover high-cost customers. The Affordable Care Act (ACA) has increased government subsidies for people with health problems. NOVT has benefited from the provisions of the ACA by expanding its customer base. The company also offers value-added services like telemedicine and wellness programs. Due to its focus on clients with chronic conditions, NOVT is likely to continue to benefit from government funding for the foreseeable future. Furthermore, NOVT has grown its revenues at an impressive rate since its IPO in 2016. This demonstrates the sustainable growth of the company, making it an excellent investment opportunity.
conclusion
Health care is one of the few industries expected to experience steady growth over the next decade. This makes it an ideal sector to invest in. The stocks discussed in this article are great options for your long-term portfolio. Investing in stocks requires proper research and analysis. If you are new to investing, you may want to consider using a Robo-advisor to make your selections.
