Although healthcare stocks could help hedge some market risks, not all stocks are worth owning. While Johnson & Johnson (JNJ) could be an ideal buy, fundamentally weak SNDL Inc. (SNDL) might be best avoided.
Pharmaceutical companies are adopting digital technologies to streamline important, labor-intensive procedures. They are widely applied in the pharmaceutical value chain in several areas, including drug discovery and development, drug production, smart process automation, maximizing predictive maintenance, and supply chain management.
