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Last month, the Biden administration allotted nearly $1 billion in American Rescue Plan Funds to modernize Health Centers and support Underserved Communities. This should further drive the industry’s growth. Furthermore, because the healthcare sector is relatively stable, it could be wise to bet on quality healthcare stocks amid the current market volatility.
Takeda Pharmaceutical Company Limited (NYSE:TAK) and ICU Medical, Inc. (ICUI) are two fundamentally sound healthcare stocks that could generate massive returns in the coming months. They have an A grade for Growth in our POWR Ratings system. So, it could be wise to add these stocks to one’s portfolio now.
