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StockNews.com
StockNews.com
Business
Rashmi Kumari

Which of These 3 Medical Stocks Has the Better Growth Opportunities?

CVS WBA CVS Health Corporation Walgreens Boots Alliance Inc

The medical industry thrives due to rising demand for healthcare products and services, fueling significant returns. So, investors looking for quality medical stocks can consider buying CVS Health Corporation (CVS). However, I think it could be wise to wait for a better entry point in Walgreens Boots Alliance, Inc. (WBA) and TRxADE HEALTH, Inc. (MEDS).

According to Statista, the worldwide pharmaceuticals market is predicted to grow at a 5.8% CAGR to reach $1.48 trillion by 2028. Oncology drugs are the largest segment, with a forecasted market volume of $188 billion in 2023.

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