6 Healthcare Provider & Equipment Stocks Worth a Look

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Last week I covered healthcare ETFs. In this post, I want to dig down and cover some healthcare stocks that are worth a look. Specifically, I am focusing on healthcare provider and equipment stocks.

AMN Healthcare Services Inc (AHS)

The first stock on this list is a healthcare staffing and workforce management solutions company. It provides staffing solutions for hospitals and other medical facilities. The company has a market cap of 1.45 Billion and P/E of 39.14. It has a return on equity of 15.25% and a year over year quarterly earnings growth rate of 60.00%. Its year over year quarterly revenue growth rate is 36.00%. The stock has grown 159.83% over the past 52 weeks compared to 8.87% for the S&P 500. It is currently trading above both its 50 and 200 day moving averages.

Molina Healthcare Inc (MOH)

Next up is Molina Healthcare which provides assistance to low income families and individuals through Medicaid solutions. It operates plans in ten states include California and Texas. The company has a market cap of 3.87 Billion and P/E of 39.95. It has a return on equity of 8.86% and a year over year quarterly earnings growth rate of 525.90%. Its year over year quarterly revenue growth rate is 52.5%. The stock has grown 56.03% over the past 52 weeks compared to 8.87% for the S&P 500. It is currently trading above both its 50 and 200 day moving averages.

Cardinal Health Inc (CAH)

The third stock on our list is Cardinal health. This company provides pharmaceutical and medical products services. The includes distribution of branded and generic pharmaceutical drugs and OTC products as well as the distribution of laboratory, medical and surgical products. The company has a market cap of 29.54 Billion and P/E of 26.15. It has a return on equity of 17.89% and a year over year quarterly earnings growth rate of 15.90%. Its year over year quarterly revenue growth rate is 18.40%. The stock has grown 30.97% over the past 52 weeks compared to 8.87% for the S&P 500. It is currently trading above both its 50 and 200 day moving averages.

ABIOMED Inc (ABMD)

Next up is a company that provides medical devices to acute heart failure patients. They help with circulatory support and heart recovery and focus on enabling the heart to rest, heal and recover. The company has a market cap of 2.81 Billion and P/E of 25.42. It has a return on equity of 49.44% and a year over year quarterly earnings growth rate of 2,629.80%. Its year over year quarterly revenue growth rate is 41.50%. The stock has grown 192.76% over the past 52 weeks compared to 8.87% for the S&P 500. It is currently trading above both its 50 and 200 day moving averages.

Cantel Medical Corp (CMN)

Our fifth company specializes in infection prevent and control. More specifically, one segment focuses on cleaning products for Endoscopy products, which are thin microscopes inserted through the mouth to look at the digestive system. The company has a market cap of 2.24 Billion and P/E of 49.87. It has a return on equity of 12.12% and a year over year quarterly earnings growth rate of 20.60%. Its year over year quarterly revenue growth rate is 17.90%. The stock has grown 49.08% over the past 52 weeks compared to 8.87% for the S&P 500. It is currently trading well above both its 50 and 200 day moving averages.

Integra LifeSciences Holdings Corp (IART)

Our final stock Integra LifeSciences Holdings, develops surgical implants and instruments for neurosurgery and orthopedic medicine. The company has a market cap of 2.28 Billion and P/E of 57.33. It has a return on equity of 5.88% and a year over year quarterly earnings growth rate of 280.10%. Its year over year quarterly revenue growth rate is 8.70%. The stock has grown 47.92% over the past 52 weeks compared to 8.87% for the S&P 500. It is currently trading above both its 50 and 200 day moving averages.

7 Healthcare ETFs To Consider

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Healthcare stocks seem to be favored right now by a lot of large cap growth managers. So in this post, I will be looking at 7 ETF options for healthcare coverage. Healthcare Select SPDR (XLV) This fund looks to match the performance of the … [Continue reading]