Here are 3 companies under heavy accumulation.
Regeneron Pharmaceuticals, Inc. (REGN) Analysis
First is biotech firm ຢາ Regeneron (REGN). The healthcare stock is up 8% in 2023.
Healthy institutional accumulation has likely helped lift the shares higher, which you can see via the MAPsignals chart below. Since September there’ve been 6 unusually large volume inflows (green bars):
With a 12-month forward P/E of 18.5, shares could be attractive after a pullback. According to FactSet, the company is estimated to earn $46.01 per share in fiscal year 2024.
ສິ່ງຫນຶ່ງແມ່ນແນ່ນອນ, ຮຸ້ນດັ່ງກ່າວມີຄວາມຕ້ອງການບໍ່ດົນມານີ້.
Stryker Corp. (SYK) Analysis
Next up is ບໍລິສັດ Stryker Corp. (SYK) which is a medical technology company operating in orthopaedics & spine segments (and more). At MAPsignals, we believe in following large institutional flows. With the stock gaining 15% in 2023, we believe healthy accumulation is part of the story.
Since late November there’ve been 10 days where the stock jumped in price alongside outsized volumes. That can mean there’s institutional interest:
The 12-month forward P/E is pegged at 27.9X according to FactSet. Also, the company is expected to earn $11.13 per share in fiscal year 2024.
This unusual trading action suggests investors are expecting upside for the company in 2023.
Vertex Pharmaceuticals Inc. (VRTX) Analysis
The number 3 healthcare firm rising this year is Vertex Pharma (VRTX). This biotech company engages in the development and manufacturing of drugs for patients with serious diseases. The market cap is just over $77 billion.
The stock has dropped recently but gained 4% in 2023. Notably, the shares have seen 3 large accumulation signals since October:
This has been one of the highest ranked stocks in our research for years.
ການນໍາພາຂະແຫນງການທີ່ເຂັ້ມແຂງສາມາດຫມາຍຄວາມວ່າມີ upside ຫຼາຍຂຶ້ນສໍາລັບກຸ່ມໃນປີ 2023.
ສາຍທາງລຸ່ມ
REGN, SYK, & VRTX represent 3 of the top healthcare stocks so far in February 2023. Healthy institutional accumulation signals make these stocks worthy of extra attention.
ເພື່ອສຶກສາເພີ່ມເຕີມກ່ຽວກັບຂະບວນການສະຖາບັນຂອງ MAPsignals ກະລຸນາເຂົ້າໄປທີ່: www.mapsignals.com
Disclosure: As of the time of this writing, the author holds no positions in REGN, SYK, or VRTX at the time of this writing.
ນີ້ ບົດຄວາມ ຖືກລົງໃນເບື້ອງຕົ້ນໃນ FX Empire
ເພີ່ມເຕີມຈາກ FXEMPIRE:
Source: https://finance.yahoo.com/news/top-3-healthcare-stocks-february-151417696.html