INMD - 3 Top Healthcare Stocks to Buy for February
According to Verified Market Research, the global healthcare industry is worth $3.3 trillion today and could grow to $6.6 trillion by 2028. So you might want to consider having healthcare stocks in your portfolio, especially if you're a long-term investor.
The good news is that these companies come in all sorts of flavors, whether you're craving rapid growth or a big, fat dividend check. There seem to be a lot of good deals in the market these days. Here are three different types of healthcare stocks that stand out from the rest.
InMode (NASDAQ: INMD) builds medical equipment for minimally invasive, aesthetic medical procedures. The devices use a proprietary radio frequency (RF) technology to dissolve body fat under the face and skin. InMode's technology prevents many patients from undergoing plastic surgery, which is typically more expensive and can involve scarring or lengthy recovery.
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3 Top Healthcare Stocks to Buy for February