Top Healthcare Stocks Worth Watching – January 30th

ServiceNow, United Parcel Service, Alphabet, Salesforce, Oracle, Thermo Fisher Scientific, and Vertiv are the seven Healthcare stocks to watch today, according to MarketBeat’s stock screener tool. Healthcare stocks are financial instruments that represent ownership in companies within the healthcare industry, including pharmaceuticals, biotechnology, medical devices, healthcare services, and health insurance. Investors can purchase these stocks to gain exposure to the healthcare sector and potentially benefit from the growth and profitability of healthcare-related companies. The performance of healthcare stocks is influenced by various factors such as regulatory changes, drug approvals, market demand for healthcare services, and overall economic conditions. These companies had the highest dollar trading volume of any Healthcare stocks within the last several days.

ServiceNow (NOW)

ServiceNow, Inc. provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.

NYSE:NOW traded down $148.95 during midday trading on Thursday, reaching $994.68. 3,717,716 shares of the stock traded hands, compared to its average volume of 1,521,812. The company has a fifty day moving average of $1,085.21 and a 200 day moving average of $952.30. The stock has a market capitalization of $204.90 billion, a P/E ratio of 154.69, a PEG ratio of 5.11 and a beta of 0.99. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.13 and a current ratio of 1.13. ServiceNow has a 12 month low of $637.99 and a 12 month high of $1,198.09.

United Parcel Service (UPS)

United Parcel Service, Inc., a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.

UPS stock traded down $20.47 during midday trading on Thursday, hitting $113.31. The stock had a trading volume of 26,747,498 shares, compared to its average volume of 5,514,085. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.14 and a quick ratio of 1.14. The business has a 50-day moving average of $129.05 and a two-hundred day moving average of $130.72. The firm has a market cap of $96.69 billion, a price-to-earnings ratio of 17.12, a price-to-earnings-growth ratio of 1.86 and a beta of 1.00. United Parcel Service has a 52-week low of $109.62 and a 52-week high of $158.95.

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.

Shares of NASDAQ GOOGL traded up $4.20 on Thursday, reaching $199.61. 11,687,243 shares of the company’s stock traded hands, compared to its average volume of 23,972,430. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 0.04. The business’s 50 day simple moving average is $187.53 and its two-hundred day simple moving average is $173.84. Alphabet has a 12 month low of $130.66 and a 12 month high of $202.29. The company has a market cap of $2.44 trillion, a price-to-earnings ratio of 26.47, a price-to-earnings-growth ratio of 1.27 and a beta of 0.98.

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.

CRM stock traded down $9.35 on Thursday, reaching $344.65. 4,168,362 shares of the company traded hands, compared to its average volume of 6,158,182. The firm has a fifty day simple moving average of $338.53 and a 200-day simple moving average of $296.43. The company has a market cap of $329.83 billion, a P/E ratio of 56.69, a price-to-earnings-growth ratio of 3.01 and a beta of 1.30. Salesforce has a one year low of $212.00 and a one year high of $369.00. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.11 and a quick ratio of 1.11.

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.

ORCL stock traded up $8.41 during trading on Thursday, hitting $170.43. 8,362,720 shares of the stock traded hands, compared to its average volume of 14,897,804. The stock has a market cap of $476.67 billion, a price-to-earnings ratio of 41.67, a price-to-earnings-growth ratio of 3.62 and a beta of 1.06. The company has a debt-to-equity ratio of 5.65, a current ratio of 0.81 and a quick ratio of 0.81. Oracle has a 1 year low of $106.51 and a 1 year high of $198.31. The firm’s 50 day moving average is $172.79 and its two-hundred day moving average is $163.03.

Thermo Fisher Scientific (TMO)

Thermo Fisher Scientific Inc. provides life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and biopharma services in the North America, Europe, Asia-Pacific, and internationally. The company's Life Sciences Solutions segment offers reagents, instruments, and consumables for biological and medical research, discovery, and production of drugs and vaccines, as well as diagnosis of infections and diseases; and solutions include biosciences, genetic sciences, and bio production to pharmaceutical, biotechnology, agricultural, clinical, healthcare, academic, and government markets.

Thermo Fisher Scientific stock traded up $39.16 during trading hours on Thursday, hitting $607.39. The stock had a trading volume of 1,663,871 shares, compared to its average volume of 2,022,212. The company has a quick ratio of 1.26, a current ratio of 1.63 and a debt-to-equity ratio of 0.64. The stock has a market capitalization of $232.32 billion, a P/E ratio of 38.08, a price-to-earnings-growth ratio of 3.82 and a beta of 0.76. Thermo Fisher Scientific has a 12-month low of $493.30 and a 12-month high of $627.88. The stock’s 50-day moving average price is $537.83 and its 200-day moving average price is $570.33.

Vertiv (VRT)

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

Vertiv stock traded up $1.94 during trading hours on Thursday, hitting $112.40. The stock had a trading volume of 7,869,249 shares, compared to its average volume of 10,279,919. The company has a quick ratio of 1.02, a current ratio of 1.38 and a debt-to-equity ratio of 1.60. The stock has a market capitalization of $42.19 billion, a P/E ratio of 74.93, a price-to-earnings-growth ratio of 1.16 and a beta of 1.63. Vertiv has a 12-month low of $55.00 and a 12-month high of $155.84. The stock’s 50-day moving average price is $126.63 and its 200-day moving average price is $105.75.