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3 Mega-Cap Healthcare Stocks to Buy for the Rest of the Year -Breaking

by Mike Robinson

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© Reuters. The Best 3 Healthcare Stocks for the Rest of 2018

Since its inception, healthcare was considered to be a safe sector and provides steady returns. With the advancements in medicine and growing demand for services, mega-cap healthcare stocks will be fundamentally sound. Pfizer To generate outstanding returns in the coming year, AbbVie and Novo Nordisk (NYSE) will be your options. So, let’s examine these names.The healthcare industry has long enjoyed investors’ attention because of its defensive and stable nature. The COVID-19 epidemic has brought the healthcare industry to the forefront. And investors’ interest in healthcare stocks is evident in the Health Care Select Sector SPDR’s (XLV) 22% returns over the past year.

It is anticipated that the healthcare industry will be aided by technology’s increasing usage. The cost of healthcare will drop due to technological advancements in digital health platforms and telemedicine. Global Market Insights Inc. reports that the global healthcare artificial intelligence market (AI) will reach $34.5 million by 2027.

Growth in healthcare will also be fueled by the aging population as well as advances in treatment for chronic diseases. All this being said, it might be a smart investment to make large-cap healthcare stocks Pfizer Inc. and Novo Nordisk A/S. AbbVie Inc . The rest of the year.

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