Boost Your Portfolio with These Hidden Healthcare Gems

Investing in healthcare may not seem as exciting as investing in tech or energy, but it can be just as profitable. In fact, healthcare stocks have been outperforming the S&P 500 for the past five years. So, if you’re looking to diversify your portfolio with some hidden gems, consider these healthcare stocks.

First up, HCA Healthcare (HCA). This company operates hospitals and other healthcare facilities across the US. With the aging population and increasing demand for healthcare services, HCA is in a prime position for growth. Plus, with a strong balance sheet and a history of beating earnings estimates, HCA is a solid choice for investors.

Next, take a look at Teladoc Health (TDOC). This company provides virtual healthcare services, allowing patients to connect with doctors and specialists from the comfort of their own homes. With the rise of telemedicine and the convenience it offers, Teladoc Health’s revenue has been steadily increasing. And with the recent acquisition of medical device company Livongo, Teladoc is poised for even more growth.

Finally, consider investing in Thermo Fisher Scientific (TMO). This company provides scientific instruments, reagents, and services to the healthcare industry. With the global demand for healthcare products and services on the rise, Thermo Fisher is seeing strong financial results. Plus, with a diverse portfolio of products and a commitment to innovation, Thermo Fisher is a solid long-term investment.

So, while healthcare may not be the most talked-about sector, it certainly shouldn’t be overlooked by investors. With these hidden gems in your portfolio, you can benefit from the growing demand for healthcare services and products, and boost your overall returns. Remember, health is wealth, and these stocks are a healthy addition to any portfolio.