After a sub-par efficiency in 2021, healthcare shares outperformed the S&P 500 in 2022. As effectively, 2023 is predicted to be one other promising yr for the healthcare sector. Furthermore, healthcare additionally presents wonderful long-term funding alternatives, with U.S. healthcare spending estimated to succeed in $6.8 trillion by 2030, in accordance with the Facilities for Medicare and Medicaid Companies. Let’s check out the 5 greatest and worst performing healthcare shares in Jan 2023.
5 Greatest Performing Healthcare Shares In Jan 2023
We have now taken the January return information of healthcare shares from finviz.com to rank the 5 greatest and worst performing healthcare shares in Jan 2023. We have now solely thought of large-cap healthcare shares for our checklist of the 5 greatest and worst performing healthcare shares in Jan 2023. Right here had been the 5 greatest performing healthcare shares in Jan 2023:
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BeiGene (16%)
Beigene Ltd (NASDAQ:BGNE) shares are up by virtually 38% within the final three months, bringing their 12-month return to 14%. As of this writing, BeiGene shares are buying and selling at round $255 with a 52-week vary of $118.18 to $280.62, giving the corporate a market capitalization of greater than $29 billion. The corporate posted income of greater than $9.10 billion in 2021, up from over $2.30 billion in 2020.
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IDEXX Laboratories (18%)
IDEXX Laboratories, Inc. (NASDAQ:IDXX) shares are up by virtually 36% within the final three months, bringing their 12-month return to -4%. As of this writing, IDEXX Laboratories shares are buying and selling at round $503 with a 52-week vary of $317.06 to $560.92, giving the corporate a market capitalization of greater than $40 billion. The corporate posted income of greater than $3.20 billion in 2021, up from over $2.70 billion in 2020.
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GE HealthCare Applied sciences (20%)
GE HealthCare Applied sciences Inc (NASDAQ:GEHC) offers medical know-how, pharmaceutical diagnostics and digital options. As of this writing, GE HealthCare shares are buying and selling at round $70 with a 52-week vary of $53.00 to $73.95, giving the corporate a market capitalization of greater than $31 billion. The corporate posted income of greater than $17.50 billion in 2021, up from over $17.10 billion in 2020.
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Align Know-how (34%)
Align Know-how, Inc. (NASDAQ:ALGN) shares are up by virtually 99% within the final three months, bringing their 12-month return to -26%. As of this writing, Align Know-how shares are buying and selling at round $354 with a 52-week vary of $172.05 to $552.00, giving the corporate a market capitalization of greater than $22 billion. The corporate posted income of greater than $3.90 billion in 2021, up from over $2.40 billion in 2020.
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Precise Sciences (38%)
Precise Sciences Corp (NASDAQ:EXAS) shares are up by over 88% within the final three months, bringing their 12-month return to -9%. As of this writing, Precise Sciences shares are buying and selling at round $69 with a 52-week vary of $29.27 to $84.31, giving the corporate a market capitalization of greater than $12 billion. The corporate posted income of greater than $1.70 billion in 2021, up from over $1.40 billion in 2020.
5 Worst Performing Healthcare Shares In Jan 2023
These had been the 5 worst performing healthcare shares in Jan 2022:
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Neurocrine Biosciences (-8%)
Neurocrine Biosciences, Inc. (NASDAQ:NBIX) shares are down by over 11% within the final three months, bringing their 12-month return to over 33%. As of this writing, Neurocrine Biosciences shares are buying and selling at round $107 with a 52-week vary of $75.25 to $129.29, giving the corporate a market capitalization of greater than $10 billion. The corporate posted income of greater than $1.10 billion in 2021, up from over $1 billion in 2020.
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Centene (-8%)
Centene Corp (NYSE:CNC) shares are down by over 11% within the final three months, bringing their 12-month return to -10%. As of this writing, Centene shares are buying and selling at round $72 with a 52-week vary of $71.94 to $98.53, giving the corporate a market capitalization of greater than $42 billion. The corporate posted income of greater than $125 billion in 2021, up from over $111 billion in 2020.
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Baxter Worldwide (-9%)
Baxter Worldwide Inc (NYSE:BAX) shares are down by over 7% within the final three months, bringing their 12-month return to -46%. As of this writing, Baxter Worldwide shares are buying and selling at round $46 with a 52-week vary of $43.25 to $89.70, giving the corporate a market capitalization of greater than $23 billion. The corporate posted income of greater than $12.70 billion in 2021, up from over $11.60 billion in 2020.
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AbbVie (-9%)
AbbVie Inc (NYSE:ABBV) shares are down by virtually 1% within the final three months, bringing their 12-month return to virtually 3%. As of this writing, AbbVie shares are buying and selling at round $144 with a 52-week vary of $134.09 to $175.91, giving the corporate a market capitalization of greater than $259 billion. The corporate posted income of greater than $56 billion in 2021, up from over $45 billion in 2020.
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Pfizer (-14%)
Pfizer Inc. (NYSE:PFE) shares are down by over 6% within the final three months, bringing their 12-month return to -16%. As of this writing, Pfizer shares are buying and selling at round $44 with a 52-week vary of $41.45 to $56.32, giving the corporate a market capitalization of greater than $246 billion. The corporate posted income of greater than $81 billion in 2021, up from over $41 billion in 2020.
