Promising Healthcare Stocks To Watch Today - March 28th

Today, there are seven healthcare stocks that investors should keep an eye on. These companies are Alphabet, Oracle, ServiceNow, Salesforce, Merck & Co., Inc., UnitedHealth Group, and Vertiv. This information is sourced from MarketBeat's stock screener tool. Healthcare stocks are shares of companies that operate in the healthcare sector. This includes areas like pharmaceuticals, biotechnology, hospitals, and medical devices. The demand for these stocks is often steady, as they represent essential services and products. However, their performances can also be affected by regulatory changes and advancements in technology.

Alphabet (GOOGL)

Alphabet Inc. provides a wide array of products and services across multiple regions, including the United States, Europe, and Asia-Pacific. The company operates through various segments such as Google Services, Google Cloud, and Other Bets. The Google Services segment includes popular products like ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.

Recently, shares of NASDAQ GOOGL dropped by $7.21 during midday trading, with the stock reaching $155.03. Trading volume was 20,060,661 shares, slightly lower than its average volume of 27,159,991. Alphabet has a market capitalization of $1.89 trillion and a price-to-earnings ratio of 19.27. Over the past year, its stock has seen a low of $147.22 and a high of $207.05, with a 50-day moving average of $180.49.

Oracle (ORCL)

Oracle Corporation offers a range of products and services that cater to enterprise information technology environments globally. Its cloud-based software includes Oracle Fusion, which covers various applications such as enterprise resource planning and human capital management, among others.

On Friday, Oracle stock saw a decrease of $5.98, trading at $139.80. The trading volume was recorded at 6,298,223 shares, compared to an average of 8,928,662. The company's market cap stands at $391.02 billion, with a price-to-earnings ratio of 34.12.

ServiceNow (NOW)

ServiceNow, Inc. specializes in intelligent workflow automation for digital businesses worldwide. It provides solutions that facilitate digital transformation through its Now platform, focusing on areas like artificial intelligence and analytics.

ServiceNow's shares traded down $35.31 on Friday, reaching $792.43. The company had a trading volume of 750,159 shares, lower than the average of 1,403,225. The current market cap of ServiceNow is $163.24 billion.

Salesforce (CRM)

Salesforce, Inc. offers Customer Relationship Management (CRM) technology that connects companies with their customers on a global scale. Their services include data management, lead monitoring, analytics, and providing customer support.

Salesforce shares traded down $7.62 on Friday, reaching a price of $270.19. The stock's trading volume was 2,025,132, less than the average volume of 6,624,883. Salesforce has a market cap of $259.66 billion and a price-to-earnings ratio of 44.40.

Merck & Co., Inc. (MRK)

Merck & Co., Inc. is involved in providing healthcare solutions through prescription medicines, vaccines, and consumer health products. The company is divided into segments that include pharmaceuticals and animal health.

The stock traded up $2.22, reaching $89.82 during midday trading. The trading volume was recorded at 5,638,003 shares compared to its average volume of 11,026,226. Merck has a market capitalization of $226.88 billion and a P/E ratio of 13.34.

UnitedHealth Group (UNH)

UnitedHealth Group Incorporated operates as a diversified healthcare company in the U.S. Its business segments include UnitedHealthcare and Optum, providing various health plans and services to employers and individuals.

UnitedHealth Group shares rose $3.06 to hit $518.78 during mid-day trading. The company saw a trading volume of 964,616 shares. It has a market cap of $474.53 billion and a P/E ratio of 33.46.

Vertiv (VRT)

Vertiv Holdings Co designs and services critical digital infrastructure technologies for data centers and communication networks across the globe.

On Friday, Vertiv stock traded down $3.52, reaching a price of $72.80 with a trading volume of 6,770,324 shares, slightly lower than its average. The company has a market cap of $27.72 billion and a price-to-earnings ratio of 56.76.

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