
The medical sector is expected to grow due to rising chronic diseases, aging population, health awareness, innovation, and technological advancements. Given the industry’s growth prospects, investors could consider buying fundamentally sound medical stocks Medtronic plc (MDT), Haemonetics Corporation (HAE) and HealthStream, Inc. (HSTM) for solid returns.
Before diving deeper into their fundamentals, let’s discuss what’s happening in the medical industry.