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High Shares to Purchase This Week? four Well being Shares To Watch Out For

24, 2021

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This story originally appeared on StockMarket

Should Investors Watch These Top Healthcare Stocks Now?

When it comes to answering the question "which stocks to invest in now," investors should consider health stocks. With pharmaceutical giants and emerging names in biotechnology, there's a lot of variety in the stock market today. If anything, the health industry is one of the most important markets in our world today. From helping us maintain and improve our quality of life to developing cures for deadly diseases, the importance of the sector cannot be overstated. Even now, as the world continues to grapple with the coronavirus pandemic, the health world could get hot again.

Just this week, White House Chief Medical Officer Dr. Anthony Fauci, highlighted the growing threat posed by the Delta variant of COVID-19. According to Dr. Fauci, this worrying variety could be the dominant strain in the US for the next several weeks. Not to mention, it has been named the "Fastest, Fittest Strain of Coronavirus Ever" by the World Health Organization. Healthcare companies benefit from this on a broad front. On the one hand, Medicare providers like Clover Health (NASDAQ: CLOV) would see an increase in customer numbers. This could happen as more Americans give their daily health a higher priority. On the flip side, coronavirus vaccine companies like Moderna (NASDAQ: MRNA) would also work hard to combat variants. With that in mind, take a look at these four top health stocks that are making headlines in the stock market right now.

Top Healthcare Stocks To Watch For Before July

GlaxoSmithKline Plc

GSK is a multinational pharmaceutical company with a broad portfolio of treatments and drugs. It is a global healthcare company that has developed many life changing drugs over the past 20 years. For example, the company was the first to develop the malaria vaccine. There are also older products like amoxicillin, an antibiotic used to treat a range of bacterial infections. GSK shares have risen by over 18% since March.

On Wednesday, the company announced plans to transform its consumer health care business into a separately publicly traded company. This will also boost drug development in its pharmaceuticals business, which has a profit of $ 11 billion. The resulting New GSK will be a growth company with new ambitions for patients and shareholders. It would strengthen its R&D and commercial initiatives and also change its corporate structure and capital allocation. GSK also expects the adjusted operating margin to improve from mid-20% in 2021 to over 30% by 2026. Profit growth will be driven by a combination of strong sales growth with new vaccines and specialty drugs, improved operating performance and benefits that have changed in recent years. Given this exciting news, are you considering looking at GSK stock?

Source: TD Ameritrade TOS

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Entera Bio Ltd

Entera is a biotech company developing orally administered large molecule therapies. Its proprietary oral drug delivery technology was developed to address the technical challenges of poor absorption, high variability, and the inability to deliver large molecules to destinations in the body. ENTX stock currently trades at $ 6.03 at 9:40 a.m. ET and is up over 30% this week. Investors appear to be reacting to news the company recently released.

Entera announced excellent Phase 2 bone mineral density (BMD) results for its lead candidate EB613 for the treatment of osteoporosis. If approved, EB613 will be the first oral bone grafting product for the treatment of osteoporosis patients. Specifically, the company reported that subjects who received the 2.5 mg dose of EB613 had significant dose-related increases in BMD in the lumbar spine, entire hip and femoral neck after 6 months. Spiros Jamas, CEO of Entera Bio, said: “We look forward to the end of the phase 2 meeting with the FDA. More detailed results will also be presented in a future scientific conference and in publications. The company will evaluate potential additional market opportunities for osteoporosis that are specifically related to the increase in hip BMD. ”For this reason, is it worth adding ENTX shares to your portfolio?

Top stocks in healthcare (ENTX stock)Source: TD Ameritrade TOS

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Ocugen Inc.

Ocugen is a biopharmaceutical company that develops and commercializes transformative therapies for the treatment of rare and underserved eye diseases. The company has also made great strides in developing its coronavirus vaccine. The OCGN share has soared over 2,000% in valuation over the past year. On June 16, 2021, the company announced that it would be included in the Russell 3000 Index, which measures the performance of the largest US companies.

Last week, the company also announced that it has selected Jubilant HollisterStier as a manufacturing partner for its coronavirus vaccine candidate Covaxin for commercial manufacture in the US and Canadian markets. This is ahead of the company preparing to file for approval with the FDA and Health Canada. The vaccine candidate has shown strong results so far, including an effectiveness rate of 78% of overall effectiveness and 100% for severe coronavirus, including hospitalizations. All things considered, are you going to be watching OCGN stock?

Buy Health Stocks Now (OCGN Stock)Source: TD Ameritrade TOS

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Veeva Systems Inc.

Last but not least, we have Veeva Systems Inc. For the uninitiated, the California-based computer software company is now a big name in healthcare. This is mainly thanks to the cloud computing services, which primarily support the pharmaceutical and life sciences industries. Veeva supports customers through every step of the regulatory process through its cloud computing services. In addition, the company helps its customers to accelerate this process. In particular, Veeva serves over 1,000 healthcare organizations, from the leading players in the field to emerging biotech names. These include AstraZeneca (NASDAQ: AZN), bluebird bio (NASDAQ: BLUE) and Eli Lilly & Co. (NYSE: LLY), to name a few. With VEEV stock currently up over 17% over the past month, investors now appear to be interested in the company's growth prospects.

Similarly, more healthcare companies now seem to share the same opinion. On Tuesday, Veeva announced that it is working with Oval Medical Technologies and inveox GmbH, two emerging medtech companies. These new customers will use Veeva's Vault Quality Suite applications to modernize their quality management. Dominik Sievert, CEO of inveox, commented that Veeva's services make the company “well equipped” to accelerate product development while complying with industry regulations. Given Veeva's supportive role in the life science industry, we could look at long-term demand for its services. So, would you consider adding VEEV stocks to your July watchlist?

best health stocks (VEEV stock)Source: TD Ameritrade TOS

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