3 Top Healthcare Stocks to Buy Right Now
As healthcare costs outpace the rise in inflation, the U.S. will soon spend about 20% of the gross domestic product on healthcare. Smart investors are eyeing key healthcare stocks set to outperform in the next year.
Veeva Systems (NYSE: VEEV), AbbVie (NYSE: ABBV), and Novartis (NYSE: NVS) are three healthcare stocks worth considering for your stock portfolio.
Veeva Systems makes cloud-based software for traditional drug companies and biotech companies. It helps pharma companies manage operations, sales, and comply with industry regulations. Its industry-specific application, Vault, has an addressable market of $5 billion. Revenue from Vault is expected to grow 40% annually and its 2019 estimated revenue is $550 million.
Source Fool.com
