One Ultra-High-Yield Healthcare Stock to Buy Hand Over Fist and One to Avoid The healthcare sector isn’t typically the go-to choice for income investors looking for high dividend yields. In fact, when ranked among the 11 sectors of the S&P 500, healthcare comes in eighth place based on average dividend yield. Nonetheless, there are still…
Discover Top 5 Biotech Stocks Set to Outperform the Market in 2023
Hannah Perry | October 21, 2024
The Cream Of The Crop: 5 Biotechs That Outrank Most Stocks In mid-October, biotech stocks marked a significant recovery as they regained their 50-day moving average, propelled by encouraging results from Wave Life Sciences (WVE) in RNA editing. While the resurgence offers a glimmer of hope, it still falls short of the buoyant levels experienced…
Weight-Loss Medications Show Promise in Reducing Opioid and Alcohol Abuse Rates
Hannah Perry | October 18, 2024
Weight-Loss Medications Present New Hope Against Substance Abuse Recent findings suggest that weight-loss medications such as Ozempic and Wegovy may not only assist in weight management and diabetes control but could also play a significant role in reducing opioid and alcohol abuse. A noteworthy study published in the scientific journal Addiction indicates that these medications…
Abbott Laboratories Exceeds Q3 Expectations and Raises Full-Year Earnings Forecast
Hannah Perry | October 17, 2024
Abbott Laboratories Surpasses Q3 Expectations and Optimizes Full-Year Forecast Abbott Laboratories, a key player in the healthcare products sector, reported robust third-quarter results on Wednesday, exceeding market expectations in both sales and earnings. This positive performance was largely attributed to the company’s thriving medical-devices division. The Abbott Park, Illinois-based company has also raised its earnings…
Two Medical Stocks to Watch: Potential Earnings Surprises from Moderna and Tactile Systems Technology
Hannah Perry | October 16, 2024
These 2 Medical Stocks Could Beat Earnings: Why They Should Be on Your Radar Earnings reports hold significant weight in the world of finance, and one number stands out above the rest: the earnings per share (EPS). This singular figure has the power to sway investors’ perceptions and trigger stock price movements. While Wall Street…
UnitedHealth’s Third-Quarter Results: Key Insights on Medical Costs and Healthcare Utilization Trends
Hannah Perry | October 15, 2024
All Eyes on Medical Costs as UnitedHealth Reports Third-Quarter Results Investor Concerns Surrounding Healthcare Utilization When UnitedHealth Group, a prominent healthcare services firm, releases its third-quarter financial results early Tuesday, the key focus for investors will be the trend in medical services utilization among seniors. The health sector has been in turmoil following UnitedHealth’s fourth-quarter…
FDA’s Major Shift: Compounded Versions of Eli Lilly’s Weight Loss Drug Get a Second Chance
Hannah Perry | October 14, 2024
US FDA to Reconsider Decision Barring Compounded Versions of Lilly’s Weight Loss Drug The U.S. Food and Drug Administration (FDA) has made a significant decision to reconsider its previous ruling that restricted drug compounders from selling their own formulations of Eli Lilly’s (LLY.N) popular weight loss and diabetes drugs. This reconsideration comes in light of…
Upstream Bio Leads Surge of Biotech IPOs as Healthcare Sector Gains Momentum
Hannah Perry | October 11, 2024
Upstream Bio and Two Other Biotech Startups Price Successful IPOs Amid Rising Healthcare Listings On Thursday, three U.S. healthcare startups successfully priced their initial public offerings (IPOs), showcasing a significant uptick in the sector’s activity. Leading the pack was Upstream Bio (UPB.O), raising an impressive $255 million at a valuation of approximately $830 million. This…
Viking Therapeutics Achieves Breakthrough Results in X-ALD Treatment Trial for VK0214
Hannah Perry | October 10, 2024
Viking Therapeutics Reports Positive Data in Trial for X-ALD Treatment Promising Results for VK0214 Viking Therapeutics Inc., a San Diego-based biopharmaceutical company, announced on Wednesday that it has achieved positive results from an early-stage trial for VK0214, a treatment aimed at the rare metabolic disorder X-linked adrenoleukodystrophy (X-ALD). X-ALD is a severe condition that usually…
Pfizer Stock Soars as Starboard Value Invests $1 Billion: What it Means for Bondholders and Future Growth
Hannah Perry | October 9, 2024
Pfizer Bondholders Respond Positively to Starboard Value’s $1 Billion Investment On Monday, Pfizer Inc. (PFE) saw its stock rise following news that Starboard Value, a well-known activist investor, has made a significant $1 billion investment in the pharmaceutical giant. The announcement has not only invigorated the stock market response but also prompted bondholders to react…