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Also, an aging population and relatively inelastic demand for healthcare products and services are expected to boost the industry’s growth. Total U.S. healthcare spending is expected to be $10.43 trillion this year.
Wall Street analysts expect small-cap healthcare stocks BeyondSpring Inc. (BYSI) and SCYNEXIS, Inc. (SCYX) to rally significantly in the near term. So, we think it could be wise to add the stocks to one’s watch list.