If you’re looking for stocks with a penchant for high risk and higher rewards, healthcare might be the perfect sector. Society is in constant demand for healthcare innovations, and the markets reward companies that play a part in those improvements.
Though there are many kinds of healthcare companies we will highlight, there are two things potential investors should consider: First, healthcare investments are typically a long-term game, as finding success in the field can take years. Second, healthcare investments are results-based, and there’s not often a silver lining to be found in unsuccessful clinical trials.
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From pharmaceuticals and healthcare providers to biotechnology companies, the healthcare sector has different companies with different levels of exposure to the high risk/reward nature of the market. Figuring out the kind of play you’re looking for is the first big step in diving into healthcare.
But which companies should you look at? Stockhouse has compiled some of the biggest and most-promising companies in the healthcare sector to help you get started. Consider these a starting point for healthcare investments as some of the names you should be aware of, and make sure you conduct plenty of your own due diligence and research before investing.
The Big Companies
AbbVie Inc. (
NYSE:ABBV)
Align Technology Inc. (
NASDAQ:ALGN)
Anthem Inc. (
NYSE:ANTM)
Biogen Inc. (
NASDAQ:BIIB)
BioMarin Pharmaceutical Inc. (
NASDAQ:BMRN)
CVS Health Corp. (
NYSE:CVS)
Johnson & Johnson (
NYSE:JNJ)
Pfizer Inc. (
NYSE:PFE)
Walgreens Boots Alliance Inc. (
NASDAQ:WBA)
Zoetis Inc. (
NYSE:ZTS)
Smaller Opportunities
Aptose Biosciences Inc. (
TSX:APS)
Helix BioPharma Corp. (
TSX:HBP)
IMV Inc. (
TSX:IMV)
Medicenna Therapeutics Corp. (
TSX:MDNA)
Profound Medical Corp. (
TSX:PRN)
Savaria Corp. (
TSX:SIS)
WELL Health Technologies Corp. (
TSX:WELL)
Zymeworks Inc. (
NYSE:ZYME)
Bullboard Favourite Small Caps
Theralase Technologies Inc. (
TSX-V:TLT)
Theratechnologies Inc. (
TSX:TH)
StageZero Life Sciences Ltd. (
TSX:SZLS)
Spectral Medical Inc. (
TSX:EDT)
Viemed Healthcare Inc. (
TSX:VMD)
Protech Home Medical Corp. (
TSX-V:PTQ)
Antibe Therapeutics Inc. (
TSX-V:ATE)
Liminal BioSciences Inc. (
TSX:LMNL)
Sirona Biochem Corp. (
TSX-V:SBM)
New to investing in Healthcare? Check out Stockhouse tips on How to Invest in Healthcare Stocks.
For more of the latest info on Healthcare stocks, check out the Healthcare Trending News hub on Stockhouse.