AXSM - 3 Top Healthcare Stocks Defying the Bear Market
Major indexes have carried many top stocks lower this year. As the bear market emerged, even some of the healthiest companies saw their shares drop or stagnate. This presented a buying opportunity for long-term investors. But there's another potential buying opportunity out there, and that's the idea of snapping up stocks that have defied the bear market.
Let's talk about three of these in the healthcare industry. They've outperformed the S&P 500 index by far this year, and it wasn't due to pure luck. Each of these companies is offering investors a solid reason to buy right now.
Shares of Axsome Therapeutics (NASDAQ: AXSM) have climbed 64% this year. Most of the gains came in recent weeks after the company's great news: It won U.S. regulatory approval for Auvelity, its drug for major depressive disorder (MDD).
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3 Top Healthcare Stocks Defying the Bear Market