Promising Healthcare Stocks Worth Watching – February 02nd

Alphabet, ServiceNow, UnitedHealth Group, Salesforce, and United Parcel Service are the five Healthcare stocks to watch today, according to MarketBeat’s stock screener tool. Healthcare stocks are shares of companies within the healthcare sector that provide products or services related to medical treatment, pharmaceuticals, medical devices, hospitals, or healthcare facilities. These stocks typically include companies involved in research, development, production, and distribution of healthcare-related goods and services. Investors may choose to invest in healthcare stocks as a way to potentially benefit from the growth and stability of the healthcare industry. These companies had the highest dollar trading volume of any Healthcare stocks within the last several days.

Alphabet (GOOGL)

Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.

Shares of NASDAQ:GOOGL traded up $3.15 during trading on Friday, hitting $204.02. The company’s stock had a trading volume of 31,998,798 shares, compared to its average volume of 22,198,940. The company has a market capitalization of $2.50 trillion, a PE ratio of 27.06, a PEG ratio of 1.26 and a beta of 0.98. Alphabet has a fifty-two week low of $130.66 and a fifty-two week high of $205.48. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.95 and a current ratio of 1.95. The stock’s 50-day moving average price is $188.97 and its two-hundred day moving average price is $174.08.

ServiceNow (NOW)

ServiceNow, Inc. provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.

Shares of NOW traded up $7.42 during trading on Friday, reaching $1,020.17. The company’s stock had a trading volume of 2,866,592 shares, compared to its average volume of 1,263,238. The company has a market cap of $210.16 billion, a price-to-earnings ratio of 149.37, a P/E/G ratio of 5.19 and a beta of 0.99. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.16. The company has a fifty day moving average of $1,083.66 and a two-hundred day moving average of $955.82. ServiceNow has a twelve month low of $637.99 and a twelve month high of $1,198.09.

UnitedHealth Group (UNH)

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.

NYSE UNH traded down $3.27 during trading hours on Friday, reaching $542.30. 4,120,450 shares of the company traded hands, compared to its average volume of 4,209,506. The stock has a market capitalization of $499.07 billion, a PE ratio of 34.99, a PEG ratio of 1.46 and a beta of 0.62. The company has a 50 day moving average of $536.17 and a two-hundred day moving average of $565.26. The company has a current ratio of 0.83, a quick ratio of 0.91 and a debt-to-equity ratio of 0.74. UnitedHealth Group has a 12 month low of $436.38 and a 12 month high of $630.73.

Salesforce (CRM)

Salesforce, Inc. provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.

Salesforce stock traded down $1.78 during midday trading on Friday, hitting $341.80. The stock had a trading volume of 5,776,873 shares, compared to its average volume of 5,646,040. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.14. The business has a fifty day moving average price of $338.67 and a 200 day moving average price of $297.66. Salesforce has a 12 month low of $212.00 and a 12 month high of $369.00. The stock has a market cap of $327.10 billion, a P/E ratio of 56.22, a P/E/G ratio of 3.20 and a beta of 1.30.

United Parcel Service (UPS)

United Parcel Service, Inc., a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.

Shares of UPS stock traded down $0.71 on Friday, hitting $114.19. 15,842,034 shares of the stock traded hands, compared to its average volume of 3,941,251. The company has a market capitalization of $97.45 billion, a PE ratio of 17.25, a PEG ratio of 1.88 and a beta of 1.00. The company’s fifty day moving average is $128.31 and its 200 day moving average is $130.28. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.14 and a quick ratio of 1.14. United Parcel Service has a 1-year low of $109.62 and a 1-year high of $158.95.