Royal Philips (NYSE: PHG) , Cassava Sciences (NASDAQ: SAVA) , and IDEXX Laboratories (NASDAQ: IDXX) are all worth looking into this year. All three healthcare stocks have trends working in their favor, driving share growth that far outstrips that of the S&P 500 .
That momentum should carry over this year, for factors that extend beyond the pandemic: the rise in our elderly population bodes well for pretty much all healthcare companies; the use of diagnostic tools in medicine is expected to grow, along with the growth in spending on our pets.
Royal Philips is a Dutch medical technology company that makes patient monitors, ultrasound machines, ventilators, computed tomography imaging systems (also known as CAT scans), and other items, such as electric toothbrushes and silicone pillows.
For further details see:
The 3 Best Healthcare Stocks to Buy for 2021