Daily Stock Market Reports

Top Industrial Health Care Supplies Stocks You Can Buy Today


The healthcare industry is constantly changing and adapting to new demands and technologies. The industrial sector plays an important role in healthcare, supplying the tools and equipment needed for doctors, nurses, and other medical professionals to provide their services. If you are interested in investing your money in stocks, it can be a great way to diversify your portfolio and earn more money over time. While there are many companies that provide industrial goods to the healthcare industry, these stocks aren’t very easy to find because they’re spread out across different industries. As an investor, it is important that you understand which risks are involved with any stock before you invest your money. With that said, here are some of the top industrial health care supplies stocks you can buy today.

CareFusion Corp.

CareFusion Corp. is a healthcare products company that provides solutions for patient monitoring, medical imaging, surgical, wound care, and anesthesia. The company has a revenue of $3.68 billion and a market cap of $10.73 billion. The stock is trading at $79.63 and has a dividend yield of 2.75%. Investors should buy CareFusion Corp. because it is expected to have a strong growth in earnings over the next few years due to the increasing demand for services in the healthcare industry. The company has a strong balance sheet and a great track record of increasing shareholder value. Another reason to buy CareFusion Corp. is that it is expected to benefit from the increasing focus on preventive care. As people become more health conscious and seek preventative care, the company is expected to benefit from increased sales of its products, such as diagnostic equipment and anesthesia and respiratory devices.

Daevon Corp.

Daevon is a medical device and supplies company that provides specialty respiratory equipment to hospitals and home healthcare providers. The company has a revenue of $1.03 billion and a market cap of $2.12 billion. The stock is trading at $24.68 and has a dividend yield of 2.59%. This company is a great investment because it has a strong competitive advantage due to its specialized products, excellent customer service and R&D capabilities. The company has a diversified customer base and a good management team with a proven track record of increasing shareholder value. Another reason to buy Daevon Corp. is that it has a strong balance sheet and is expected to generate strong cash flows in the future. As more people are diagnosed with respiratory diseases such as COPD and asthma, the demand for respiratory equipment is expected to rise, which will benefit Daevon.

Hill-ROM Holdings Inc.

Hill-ROM is a medical device and services company that provides a wide range of products for the rehabilitation market. The company has a revenue of $1.46 billion and a market cap of $4.19 billion. The stock is trading at $188.85 and has a dividend yield of 1.86%. This company is a great investment because it has a strong brand name with a global presence, excellent customer service and a focus on R&D. The company has a diversified customer base and a good management team with a proven track record of increasing shareholder value. Another reason to buy Hill-ROM Holdings Inc. is that it has a strong balance sheet and generates high cash flows from operations, which will enable it to fund future growth. The company is expected to benefit from an aging population in the U.S. as more people are becoming disabled due to old age and are likely to need rehabilitation equipment.

Medtronic Inc.

Medtronic is a medical device company that designs, manufactures and sells medical devices, services and therapies to treat diseases and improve health. The company has a revenue of $30.88 billion and a market cap of $78.31 billion. The stock is trading at $75.88 and has a dividend yield of 2.35%. This company is a great investment because it has a strong brand name that has been in the industry for decades. The company has a diversified customer base and a good management team with a proven track record of increasing shareholder value. Another reason to buy Medtronic Inc. is that it has a strong balance sheet and generates high cash flows from operations, which will enable it to fund future growth. As the population of the U.S. ages, the demand for medical devices such as pacemakers, diabetes devices, and orthopedic implants is expected to rise. This will benefit Medtronic as the company specializes in these devices.

Synaptics Inc.

Synaptics is a diversified industrial company that provides healthcare products, integrated circuits and software products. The company has a revenue of $3.52 billion and a market cap of $25.39 billion. The stock is trading at $82.33 and has a dividend yield of 1.88%. This company is a great investment because it is expected to benefit from the growth of the connected healthcare industry. The company has a good management team with a proven track record of increasing shareholder value. Another reason to buy Synaptics Inc. is that it has a strong balance sheet and generates high cash flows from operations, which will enable it to fund future growth. The company provides healthcare devices and is expected to benefit from the increasing demand for healthcare due to an aging population.

Conclusions

Healthcare is a growing industry that provides many services and products that improve the quality of life for many people. With an aging population, the demand for these services is expected to rise, which is good for industrial companies that supply the healthcare industry with goods. These stocks may be risky to invest in because the healthcare industry is very sensitive to changes in government regulation and legislation. Industrial companies that supply the healthcare industry are exposed to this risk as well.



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