Medical stocks are a broad category that covers pharmaceutical companies, health insurers, medical technology companies, and even software companies that are aiding in the drug discovery process.
The reason investors need to focus on this sector is because of the significant addressable market. The U.S. population is getting older which brings its own set of medical issues. As technology races to keep up with that demand, many companies are set up for long-term growth. That growth will continue even as investors rotate out of other overvalued sectors in anticipation of interest rate cuts.
Most of the medical stocks in this special presentation are large-cap names that are part of many mutual funds and exchange-traded funds (ETFs). But if you have an appetite for risk and a timeframe that will allow for future growth, there are a couple of small-cap stocks to consider as well, and the common theme is how they're using artificial intelligence (AI).
Click the "Continue to Slide #1" button to view the first company.