The healthcare sector is often considered a defensive play, with healthcare stocks to buy offering stability and growth potential even during economic downturns. The sector’s strength is driven by an aging global population, rising healthcare expenditures, and advancements in medical technology. This combination fuels a constant demand for innovation and care, setting the stage for sustained growth for healthcare stocks.
Notably, the Health Care Select Sector SPDR Fund (NYSEARCA:XLV), the largest healthcare exchange-traded fund (“ETF”), has gained 7% year to date (“YTD”). This return demonstrates a clear appetite for exposure to the promising landscape of U.S. healthcare stocks. Meanwhile, within this dynamic sector, certain companies stand out. Therefore, today, we explore three of the healthiest healthcare stocks to buy for a significant dose of profits.
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