Healthcare and Hospital Stocks: Prices and Tips

HEALTHCARE STOCK MARKET TIPS

People are living longer today than ever before. Health care spending in the U.S. has seen consistent growth year after year. There is also an influx of new patients resulting from the Affordable Care Act to consider. More patients with insurance will make hospitals more profitable, making healthcare stocks a solid place for long-term investors.

Here are some profitable healthcare sub-sectors:

Pharmaceutical Firms

Major drug companies offer consistent dividends. They also usually see high profits and strong cash flow, so they can typically afford to keep raising dividends.

Biotech Companies

Biotech companies are pushing through more new drugs than ever before, creating breakthroughs in major areas like cancer and heart disease . There is still a bunch of risk here, so your best move is likely to invest in a diversified biotech mutual fund.

Medical Devices

Again, with people living longer, they are becoming more susceptible to disease in their old age. Medical devices are more important than ever.

Healthcare Services

Healthcare services tend to generate a lot of cash and have stable ongoing dividends that can be increased. A good tip is to look for large, geographically diversified hospital companies.

OTHER HEALTH STOCKS