Top Healthcare Stocks to Watch - March 30th

As of March 30th, the spotlight is on five notable healthcare stocks: Alphabet, Oracle, ServiceNow, Salesforce, and UnitedHealth Group. These companies represent different facets of the healthcare industry, which encompasses pharmaceuticals, biotechnology, medical devices, and healthcare services. Investors may find these stocks appealing as they directly contribute to advancements in public health. It's essential to keep in mind that their performance can be swayed by various factors, including regulatory approvals, technological innovations, and general market trends.

Alphabet (GOOGL)

Alphabet Inc. operates a diverse range of products and platforms globally. Its main segments include Google Services, Google Cloud, and Other Bets. The Google Services section features well-known products such as ads, Android, Gmail, Google Maps, and YouTube.

Recently, GOOGL shares dipped by $7.91 during midday trading, settling at $154.33. The stock recorded a trading volume of 48,610,349 shares, significantly higher than its average volume of 27,276,841. The 12-month range for Alphabet's stock has been between a low of $147.22 and a high of $207.05. With a market capitalization of $1.88 trillion, the stock has a price-to-earnings (P/E) ratio of 19.17. Additionally, it has a beta of 1.02 and a debt-to-equity ratio of 0.03.

Oracle (ORCL)

Oracle Corporation specializes in providing solutions for enterprise information technology across various industries. Their offerings include cloud applications like Oracle Fusion cloud ERP and Oracle Cerner healthcare services.

On the latest trading day, Oracle's stock dropped by $5.03, reaching $140.75. The volume of shares traded was 13,138,087, surpassing its average of 8,963,386. Oracle's stock has fluctuated between $112.78 and $198.31 over the past year, and it currently has a market cap of $393.67 billion, with a P/E ratio of 34.41 and a beta of 1.07.

ServiceNow (NOW)

ServiceNow, Inc. is known for its intelligent workflow automation solutions aimed at digital businesses worldwide. They focus on areas such as artificial intelligence and robotic process automation.

ServiceNow shares fell by $31.13 during trading, landing at $796.61. This stock saw a trading volume of 1,758,174, above its average of 1,408,303. ServiceNow has a market cap of $164.10 billion with a notable P/E ratio of 116.63 and a debt-to-equity ratio of 0.15.

Salesforce (CRM)

Salesforce, Inc. offers CRM technology designed to enhance communication between businesses and their customers. Their platform provides capabilities for data management, lead tracking, and personalized customer support.

Salesforce's stock declined by $7.77, making it $270.04. The trading volume was reported at 4,972,275 shares, compared to an average of 6,642,995. With a market cap of $259.51 billion, Salesforce has a P/E ratio of 44.42 and a quick ratio of 1.11.

UnitedHealth Group (UNH)

UnitedHealth Group Incorporated operates as a comprehensive health care provider in the U.S. Its business segments include UnitedHealthcare and Optum Health, which deliver healthcare plans and services.

On the trading floor, UnitedHealth's shares declined by $0.25, currently priced at $515.47. The trading volume was 2,378,211, lower than its typical volume of 4,268,981. The stock has been fluctuating between a one-year low of $436.38 and a high of $630.73, with a market capitalization of $471.51 billion and a P/E ratio of 33.26.

Healthcare, Stocks, Investing