Over the past 6 months I've been buying healthcare and I really believe the sector as a whole is "undervalued" and will soon be one of the next really big money makers. Healthcare recently had a pretty nice dip and has been building up momentum.
to get the obvious one out of the way; The companies that can leverage AI into their products and business will see big gains. these are the kind of products AI can really be useful and potentially life saving. Once investors start to focus more on that aspect of AI, the companies making the life saving tech will be HUGE! so I'm wondering if I can find the NVDA of healthcare - The company with a monopoly on saving/extending lives.
A very large generation of people are reaching that age where constant healthcare is a must. so there is basically "guaranteed" growth for the next decade at least.
some individual stocks that i find of "good value" would be MDT, REGN, MMED, ABT..
MMED is actually a recent IPO with a small market cap (5B) and good PE (27) for a growing company. I can definitely see this company doubling to a 10B or 15B market cap in the next couple years. DXCM is worth 31B and they only make $1.5B (4.6B) more in revenue than MMEDs $3.1B
honestly tho if you really dont want to pick individual stocks, you cannot go wrong with the ETFs (IBB,IXJ,VHT,XLV)
cheers!