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Buy the Dip in These 3 Healthcare Stocks Right Now -Breaking

by Mike Robinson

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© Reuters. Take a look at these 3 healthcare stocks and get the dip right now

A confluence of the widespread adoption of digital innovations, accelerating developments in therapeutics, and rising healthcare spending should propel the healthcare sector’s growth. We believe that recent declines in the fundamentally sound stock market for healthcare stocks are a sign of things to come. Pfizer (PFE), Abbott Laboratories Agilent Technologies and (NYSE:) are perfect for buying. So, read on.An aging population, improvements in drugs and therapeutics to treat chronic diseases, the integration of advanced technologies, and rising healthcare spending should propel the healthcare sector’s growth. The COVID-19 epidemic has accelerated the trend towards preventive care, which bodes well to healthcare providers.

A Monthly National Health Spending Report shows that expenditures rose 6.3% annually to $4.09 Trillion in September 2021. Due to high GDP growth health expenditures now account for 17.5% GDP. Global healthcare and pharmaceutical markets are expected to grow at a rate of 4% annually by 2027. And investors’ interest in the healthcare sector is evident in the Health Care Select Sector SPDR Fund’s (XLV) 16.8% gains year-to-date.

Pfizer Inc., Abbott Laboratories and Agilent Technology, Inc. (A) all have fundamentally solid stocks in healthcare. These stocks, which have seen their prices decline recently, are ideal choices.

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