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StockNews.com
StockNews.com
Business
Shweta Kumari

3 Medical Stock Picks for Investors

ALPMY JNJ AZN Astellas Pharma Inc AstraZeneca Plc

Regardless of the economy, the healthcare industry has proven to be resilient because of the inelastic demand for its products and services, thereby making it a great long-term choice. Thus, fundamentally sound medical stocks Johnson & Johnson (JNJ), AstraZeneca PLC (AZN), and Astellas Pharma Inc. (ALPMY) could be solid picks for your portfolio.

Despite still-elevated inflation and strong headwinds of a recession, the healthcare sector has remained stable, as evident from the Vanguard Health Care Index Fund ETF Shares (VHT) 2.1% returns over the past three months.

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