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4 ESG Healthcare Stocks to Buy for Socially Conscious Investors -Breaking

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© Reuters. Four ESG Healthcare Stocks for Socially Conscious Investors

At a time when increased consumer awareness has made healthcare and sustainability of almost equally high concerns to consumers and some investors, we think it would be wise for socially conscious investors to scoop up shares of quality ESG healthcare stocks Johnson & Johnson (JNJ), Bristol-Myers Squibb (BMY), AmerisourceBergen (NYSE:) and DENTSPLY SIRONA (NASDAQ:). Let’s discuss.Environmental, social, and governance (ESG) investing has not only introduced versatility and inclusiveness into corporate board rooms, it has also provided many retail investors with opportunities to make investments consistent with their values. Morningstar reports that U.S. sustainability funds made $15.7 billion net inflows during the third quarter 2021, according to Morningstar. Also, BlackRock’s iShares has predicted that investment in this space will grow to $1 trillion by 2030.

In addition, the COVID-19 pandemic has changed consumers’ outlook to now value healthier and more sustainable lifestyles. Consumers are not only interested in physical health. Holistic development, which includes social, environmental, and food health is much more in demand, is now far more important. Consumer behavior has changed due to the pandemic, which has driven trends in sustainability and health. Global healthcare cloud computing, which is a part of sustainable healthcare, will grow at a 28.5% CAGR in 2020-2026.

Given this backdrop, we think it could be wise for socially conscious investors to bet on fundamentally strong ESG healthcare stocks Johnson & Johnson (JNJ), Bristol-Myers Squibb Company (NYSE:), AmerisourceBergen Corporation (ABC), and DENTSPLY SIRONA Inc. (XRAY).

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