The medical sector is poised for growth with rising healthcare demand due to an aging population and technological advancements. Moreover, institutional investors are drawn to the industry's stability and growth potential, driven by inelastic demand for its products and services.
Therefore, I think investors could consider quality medical stocks Utah Medical Products, Inc. (UTMD), FONAR Corporation (FONR), and Electromed, Inc. (ELMD). These stocks are backed by solid institutional ownership and low beta values, indicating stability in uncertain markets.
