Healthcare Stocks With The Highest Momentum In February 2022

One of the largest and most complex industries, the healthcare industry consists of a wide array of companies selling medical products and services. The healthcare industry includes companies that sell drugs, medical devices, and insurance, as well as hospitals and healthcare providers. Some of the world's largest healthcare companies include UnitedHealth Group Inc. (UNH), Pfizer Inc. (PFE) and AbbVie Inc. (ABBV) exists. The healthcare industry has caught the attention of investors as some of these companies have received approvals for drugs to treat Covid-19 and have begun distributing vaccines. While some companies are rushing to develop their own Covid-19 drugs and get approval, others are supplying products to test and manage the treatment of the virus. Despite this, healthcare stocks represented by the exchange-traded fund (ETF), Health Care Select Sector SPDR ETF (XLV), underperformed in the broader market. Health stocks reported an overall return of 12%.

Healthcare Stocks With The Highest Momentum

These are the health sector stocks with the highest total returns in the last 12 months.

	Price ($)	Market Cap ($B)	12-Month Trailing Total Return (%)
Pfizer Inc. (PFE)	54,05	303,4	53,9
HCA Healthcare Inc. (HCA)	240,76	74,9	44,6
Anthem Inc. (ANTM)	542,72	109,9	42,5

Pfizer Inc.: Pfizer is a global pharmaceutical company. It develops, manufactures and sells a variety of biopharmaceutical products, including drugs and vaccines. On January 10, 2022, Pfizer signed an agreement with Acuitas Therapeutics, which develops delivery systems for mRNA-based therapeutics. Under the agreement, Pfizer will be able to license Acuitas' lipid nanoparticle (LNP) delivery technology for vaccine and development purposes. HCA Healthcare Inc.: HCA Healthcare Inc. provides healthcare services in 20 states in the US and UK. For the third quarter of fiscal 2021, which ended September 30, 2021, net income attributable to HCA Healthcare more than tripled, while company revenues increased to $15.3 billion. Anthem Inc.: Anthem aims to offer basic and comprehensive insurance benefits for various areas such as health, pharmacy and life insurance.