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Abhishek Bhuyan

3 Must-Buy Healthcare Stocks for Defensive Investing

ABBV JNJ PFE United States Medical Pharmaceuticals AbbVie Inc Pfizer Inc

In 2024, the healthcare sector is expected to rebound as pandemic-related headwinds ease and pharmaceutical companies recover from de-stocking issues. The pharmaceutical industry is known for its stability during economic uncertainties, as the need for medical treatments remains consistent regardless of economic conditions.

Amid this backdrop, investors could consider buying fundamentally strong pharma stocks: Pfizer Inc. (PFE), Johnson & Johnson (JNJ), and AbbVie Inc. (ABBV), for defensive investing this month.

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