Healthcare Stocks To Consider – June 14th

Oracle, Alphabet, UnitedHealth Group, Salesforce, and GE Aerospace are the five Healthcare stocks to watch today, according to MarketBeat’s stock screener tool. Healthcare stocks are shares of publicly traded companies operating within the medical and health-related industries—such as pharmaceuticals, biotechnology, medical devices, hospitals and health insurers. They offer investors exposure to an industry driven by innovation, research and development, demographic trends and regulatory policy. Performance of these stocks can hinge on factors like clinical trial outcomes, patent cycles, healthcare legislation and broader economic conditions. These companies had the highest dollar trading volume of any Healthcare stocks within the last several days.

Oracle (ORCL)

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.

NYSE ORCL traded up $15.68 during trading hours on Friday, hitting $215.54. The company’s stock had a trading volume of 53,639,099 shares, compared to its average volume of 9,727,788. The stock has a fifty day moving average of $152.88 and a 200 day moving average of $160.62. Oracle has a twelve month low of $118.86 and a twelve month high of $216.60. The firm has a market capitalization of $602.86 billion, a P/E ratio of 52.70, a PEG ratio of 3.46 and a beta of 1.32. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 5.65.

Alphabet (GOOGL)

Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.

GOOGL traded down $1.03 during mid-day trading on Friday, hitting $174.67. The stock had a trading volume of 27,636,835 shares, compared to its average volume of 30,391,108. The stock’s fifty day simple moving average is $162.89 and its 200-day simple moving average is $174.61. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.84 and a quick ratio of 1.84. The firm has a market capitalization of $2.12 trillion, a price-to-earnings ratio of 21.70, a price-to-earnings-growth ratio of 1.34 and a beta of 1.01. Alphabet has a 1-year low of $140.53 and a 1-year high of $207.05.

UnitedHealth Group (UNH)

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.

Shares of NYSE:UNH traded down $5.11 during midday trading on Friday, reaching $313.39. 13,729,200 shares of the company were exchanged, compared to its average volume of 7,185,786. The company has a quick ratio of 0.91, a current ratio of 0.83 and a debt-to-equity ratio of 0.74. UnitedHealth Group has a fifty-two week low of $248.88 and a fifty-two week high of $630.73. The stock has a fifty day simple moving average of $386.66 and a two-hundred day simple moving average of $474.19. The firm has a market cap of $284.28 billion, a PE ratio of 20.22, a P/E/G ratio of 1.37 and a beta of 0.45.

Salesforce (CRM)

Salesforce, Inc. provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.

Shares of CRM traded down $8.66 during midday trading on Friday, reaching $258.25. The stock had a trading volume of 7,647,008 shares, compared to its average volume of 6,545,929. The firm has a 50 day simple moving average of $268.09 and a 200-day simple moving average of $300.13. Salesforce has a one year low of $227.77 and a one year high of $369.00. The firm has a market cap of $246.89 billion, a PE ratio of 42.48, a P/E/G ratio of 2.58 and a beta of 1.38. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.14.

GE Aerospace (GE)

GE Aerospace (also known as General Electric) is a company that specializes in providing aerospace products and services. It operates through two reportable segments: Commercial Engines and Services and Defense and Propulsion Technologies. It offers jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft.

Shares of GE traded down $3.92 during midday trading on Friday, reaching $236.07. The stock had a trading volume of 7,408,374 shares, compared to its average volume of 5,427,373. The firm has a 50 day simple moving average of $216.42 and a 200-day simple moving average of $198.24. GE Aerospace has a one year low of $150.20 and a one year high of $257.47. The firm has a market cap of $251.74 billion, a PE ratio of 39.41, a P/E/G ratio of 2.59 and a beta of 1.38. The company has a current ratio of 1.09, a quick ratio of 0.81 and a debt-to-equity ratio of 0.88.