With macro pressures continuing to weigh on companies, it is better to focus on sectors that are recession-resilient and include companies that can navigate short-term pressures. The healthcare sector is one such sector in which we can find several companies that are not significantly hit by macro headwinds compared to companies in other sectors like tech. Using TipRanks’ Stock Comparison Tool, we placed Eli Lilly (NYSE:LLY), Intuitive Surgical (NASDAQ:ISRG), and Johnson & Johnson (NYSE:JNJ) against each other to pick the most attractive healthcare stock as per Wall Street analysts.
Eli Lilly (NYSE:LLY)
Shares of pharmaceutical giant Eli Lilly have rallied 47% so far this year, driven by several favorable developments, optimism around the company’s weight loss drug pipeline and Alzheimer’s drug donanemab, and solid second-quarter results.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.