2 Strong Buy Healthcare Stocks to Buy on the Dip

13 Oct 2021

2 Strong Buy Healthcare Stocks to Buy on the Dip

. 2 Strong <strong>Buystrong> <strong>Healthcarestrong> <strong>Stocksstrong> to <strong>Buystrong> on the DipWhile the COVID-19 pandemic has highlighted the importance of the <strong>healthcarestrong> industry, the sector is expected to continue growing after the crisis has passed due to the continuing need to treat several other, chronic, diseases. So, we think it could be wise now to <strong>buystrong> the dip in quality <strong>healthcarestrong> <strong>stocksstrong> UnitedHealth (UNH) and Agilent (A). They both have a ‘Strong <strong>Buystrong>’ rating in our proprietary rating system. Read on.The COVID-19 global, public <strong>healthcarestrong> crisis has highlighted the <strong>healthcarestrong> sector's importance and driven up the prices of several <strong>stocksstrong> in the space. Government efforts worldwide to vaccinate their countries' populations against the virus should help the <strong>healthcarestrong> sector thrive for the foreseeable future. Furthermore, the sector is well-positioned to grow in the long run with increasing investments and research breakthroughs for treating several chronic diseases.Moreover, the industry is expected to grow with the rising <strong>healthcarestrong> needs of an aging population. According to Statista, the United States is expected to have spent 18% of its gross domestic product on <strong>healthcarestrong> in 2020, a spending level that is likely to increase this year and beyond.So, we think it could be wise to add quality <strong>healthcarestrong> <strong>stocksstrong> UnitedHealth Group Incorporated (NYSE:UNH) and Agilent Technologies, Inc. (NYSE:A) to one’s portfolio now. These companies’ shares are trading below their 52-week highs but have significant upside potential. Furthermore, these <strong>stocksstrong> are rated ‘A’ (Strong <strong>Buystrong>) in our POWR Ratings system.Continue reading on StockNews

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