Top Healthcare Stocks To Add to Your Watchlist – February 07th

Alphabet, Cloudflare, and Salesforce are the three Healthcare stocks to watch today, according to MarketBeat’s stock screener tool. Healthcare stocks are investments in companies that operate within the healthcare industry, including pharmaceutical companies, biotechnology firms, medical device manufacturers, healthcare providers, and healthcare technology companies. These stocks are influenced by various factors such as government regulations, market demand for healthcare products and services, and advancements in medical technology. Investors in healthcare stocks seek to profit from the growth and stability of the healthcare sector. 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.

Alphabet stock traded down $6.30 during midday trading on Friday, reaching $185.30. 28,548,150 shares of the company’s stock were exchanged, compared to its average volume of 27,957,838. Alphabet has a 52 week low of $130.66 and a 52 week high of $207.05. The firm has a market cap of $2.27 trillion, a price-to-earnings ratio of 24.58, a P/E/G ratio of 1.31 and a beta of 0.99. The stock’s 50-day simple moving average is $191.28 and its 200 day simple moving average is $174.64. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.95 and a current ratio of 1.95.

Cloudflare (NET)

Cloudflare, Inc. operates as a cloud services provider that delivers a range of services to businesses worldwide. The company provides an integrated cloud-based security solution to secure a range of combination of platforms, including public cloud, private cloud, on-premise, software-as-a-service applications, and IoT devices; and website and application security products comprising web application firewall, bot management, distributed denial of service, API gateways, SSL/TLS encryption, script management, security center, and rate limiting products.

Shares of NYSE:NET traded up $27.35 during trading on Friday, reaching $168.87. 8,511,844 shares of the stock were exchanged, compared to its average volume of 3,526,931. Cloudflare has a 12 month low of $66.24 and a 12 month high of $168.71. The firm has a market cap of $57.96 billion, a PE ratio of -649.51 and a beta of 1.12. The stock has a 50-day moving average price of $116.71 and a 200-day moving average price of $95.92. The company has a current ratio of 3.37, a quick ratio of 3.37 and a debt-to-equity ratio of 1.32.

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.

Shares of NYSE:CRM traded down $4.61 during trading on Friday, reaching $326.20. 4,014,707 shares of the stock were exchanged, compared to its average volume of 6,289,926. Salesforce has a 12 month low of $212.00 and a 12 month high of $369.00. The firm has a market cap of $312.17 billion, a PE ratio of 53.65, a PEG ratio of 3.09 and a beta of 1.31. The stock has a 50-day moving average price of $339.05 and a 200-day moving average price of $299.87. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.14.