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Medical supplies stocks

Ready to invest in the health industry? Consider these 8 stocks.

The best medical supplies stocks depend on your portfolio and investment goals — while volatility can be ideal for day traders, long-term investors will want to look to stocks with steadier gains over time.

8 medical supplies stocks to watch

We round up a selection of stocks in or related to the health industry, weighting the list more heavily towards popular mid- and large-cap US stocks.

  1. Cooper Companies (COO)
  2. Baxter International (BAX)
  3. Hologic (HOLX)
  4. Dentsply Sirona (XRAY)
  5. Teleflex Incorporated (TFX)
  6. ResMed (RMD)
  7. Intuitive Surgical (ISRG)
  8. Alcon (ALC)

Compare trading platforms

Compare online trading platforms by fees, asset types and bonuses to find the best for your investment in medical supplies stocks.
1 - 5 of 5
Name Product Asset types Signup bonus
Finder Award
eToro
Stocks, ETFs, Cryptocurrency
$10
when you sign up and deposit $100
Trade stocks in the app or online with $0 commissions. Not available in NY, NV, MN, or TN.
Client disclaimer: US Brokerage services through eToro USA Securities Inc, member of FINRA, SIPC. Crypto assets through eToro USA LLC.
SoFi Invest
Stocks, ETFs, Cryptocurrency
$10 - $100
when you open an account and place a first crypto trade of $50 - $5,000+
A free way to invest in most equities.
Tastyworks
Stocks, Options, ETFs, Cryptocurrency
$200 in US stocks
when you open and fund an account with min. $2,000 for 3+ mos.
Trade stocks, options, ETFs and futures on mobile or desktop with this advanced platform.
JPMorgan Self-Directed Investing
Stocks, Bonds, Options, Mutual funds, ETFs
$125 - $625
when you open and fund an account with $25,000 - $250,000+
INVESTMENT AND INSURANCE PRODUCTS ARE: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE
Axos Bank Self Directed Investing
Stocks
$150
when you open an account and deposit at least $1500.
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Take a deeper dive into medical supplies stocks

If you're interested in investing in the health industry, take a closer look at what companies in this industry do and how the stocks have historically performed. Keep in mind that positive past performance doesn't guarantee that a stock will continue to rise in the future.

1. Cooper Companies (COO)

The Cooper Companies, Inc. , together with its subsidiaries, develops, manufactures, and markets contact lens wearers. The company operates in two segments, CooperVision and CooperSurgical.

Cooper Companies stock opened the day at $313.43 after a previous close of $313.12. The latest price was $318.51 (25-minute delay). Cooper Companies is listed on the NYSE, has a trailing 12-month revenue of around USD3.1 billion and employs 12,000 staff.

  • Market capitalization: $15,714,168,832
  • P/E ratio: 16.7991
  • PEG ratio: 2.015

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2. Baxter International (BAX)

Baxter International Inc. , through its subsidiaries, develops and provides a portfolio of healthcare products worldwide. The company offers peritoneal dialysis and hemodialysis, and additional dialysis therapies and services; intravenous therapies, infusion pumps, administration sets, and drug reconstitution devices; remixed and oncology drug platforms, inhaled anesthesia and critical care products and pharmacy compounding services; parenteral nutrition therapies and related products; biological products and medical devices used in surgical procedures for hemostasis, tissue sealing and adhesion prevention; and continuous renal replacement therapies and other organ support therapies focused in the intensive care unit.

Baxter International stock opened the day at $64.18 after a previous close of $64.23. The latest price was $65.51 (25-minute delay). Baxter International is listed on the NYSE, has a trailing 12-month revenue of around USD$13.5 billion and employs 60,000 staff.

  • Market capitalization: $32,976,111,616
  • P/E ratio: 31.3349
  • PEG ratio: 1.3124

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3. Hologic (HOLX)

Hologic, Inc. develops, manufactures, and supplies diagnostics products, medical imaging systems, and surgical products for women's health through early detection and treatment in the United States, Europe, the Asia-Pacific, and internationally. It operates through four segments: Diagnostics, Breast Health, GYN Surgical, and Skeletal Health.

Hologic stock opened the day at $76.48 after a previous close of $76.62. The latest price was $76.56 (25-minute delay). Hologic is listed on the NASDAQ, has a trailing 12-month revenue of around USD$5.4 billion and employs 6,705 staff.

  • Market capitalization: $17,282,103,296
  • P/E ratio: 11.3051
  • PEG ratio: 0.9333

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4. Dentsply Sirona (XRAY)

DENTSPLY SIRONA Inc. designs, develops, manufactures, distributes, and sells various dental products and technologies for professional dental market worldwide. It offers dental equipment, including treatment centers, imaging equipment, motorized dental handpieces, and other instruments; imaging equipment; treatment centers comprising basic dentist chairs, sophisticated chair-based units with integrated diagnostic, hygiene and ergonomic functionalities, and specialist centers; and lab equipment, such as amalgamators, mixing machines, and porcelain furnaces.

Dentsply Sirona stock opened the day at $53.59 after a previous close of $53.57. The latest price was $52.69 (25-minute delay). Dentsply Sirona is listed on the NASDAQ, has a trailing 12-month revenue of around USD$4.2 billion and employs 15,000 staff.

  • Market capitalization: $7,799,362,560
  • P/E ratio: 21.5476
  • PEG ratio: 18.9096

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5. Teleflex Incorporated (TFX)

Teleflex Incorporated designs, develops, manufactures, and supplies single-use medical devices for common diagnostic and therapeutic procedures in critical care and surgical applications worldwide. It provides vascular access products that comprise Arrow branded catheters, catheter navigation and tip positioning systems, and intraosseous access systems for the administration of intravenous therapies, the measurement of blood pressure, and the withdrawal of blood samples through a single puncture site. The company also offers interventional products, which consists of various coronary catheters, structural heart therapies, and peripheral intervention and cardiac assist products that are used by interventional cardiologists and radiologists, and vascular surgeons; and Arrow branded catheters, Guideline and Trapliner catheters, the Manta Vascular Closure, and Arrow Oncontrol devices.

Teleflex Incorporated stock opened the day at $317.98 after a previous close of $318.00. The latest price was $321.50 (25-minute delay). Teleflex Incorporated is listed on the NYSE, has a trailing 12-month revenue of around USD$2.8 billion and employs 14,000 staff.

  • Market capitalization: $11,963,746,304
  • P/E ratio: 24.8142
  • PEG ratio: 3.1309

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6. ResMed (RMD)

ResMed Inc. develops, manufactures, distributes, and markets medical devices and cloud-based software applications for the healthcare markets. The company operates in two segments, Sleep and Respiratory Care, and Software as a Service.

ResMed stock opened the day at $249.93 after a previous close of $250.73. The latest price was $247.68 (25-minute delay). ResMed is listed on the NYSE, has a trailing 12-month revenue of around USD$3.5 billion and employs 7,970 staff.

  • Market capitalization: $31,188,752,384
  • P/E ratio: 39.5528
  • PEG ratio: 3.0508

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7. Intuitive Surgical (ISRG)

Intuitive Surgical, Inc. develops, manufactures, and markets products that enable physicians and healthcare providers to enhance the quality of and access to minimally invasive care in the United States and internationally. The company offers the da Vinci Surgical System to enable complex surgery using a minimally invasive approach; and Ion endoluminal system, which extends its commercial offerings beyond surgery into diagnostic procedures enabling minimally invasive biopsies in the lung.

Intuitive Surgical stock opened the day at $201.07 after a previous close of $200.71. The latest price was $206.10 (25-minute delay). Intuitive Surgical is listed on the NASDAQ, has a trailing 12-month revenue of around USD$5.9 billion and employs 9,793 staff.

  • Market capitalization: $73,981,034,496
  • P/E ratio: 44.7072
  • PEG ratio: 3.6781

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8. Alcon (ALC)

Alcon Inc. , an eye care company, researches, develops, manufactures, distributes, and sells eye care products for eye care professionals and their patients worldwide. The company's Surgical segment offers equipment, instrumentation and diagnostics, intraocular lenses (IOLs), and other implantables; and consumables, including viscoelastics, surgical solutions, incisional instruments, surgical custom packs, and other products for use in surgical procedures.

Alcon stock opened the day at $70.31 after a previous close of $69.97. The latest price was $70.39 (25-minute delay). Alcon is listed on the NYSE, has a trailing 12-month revenue of around USD$8.6 billion and employs 24,000 staff.

  • Market capitalization: $34,658,938,880
  • P/E ratio: 75.9674

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How to buy medical supplies stocks

Sign up with an online broker or platform to invest in one or more of these medical supplies stocks.

  1. Compare share trading platforms. Use our comparison table to narrow down top brokers by fees and bonuses.
  2. Open and fund your brokerage account. You’ll need personal and financial details, like your contact and bank information.
  3. Search for the stock you're interested in. Find the stock by name or ticker symbol, like COO or BAX.
  4. Decide on how many to buy. Some brokers will allow you to purchase fractional shares, while others require you to purchase whole shares.
  5. Choose an order type. Invest in the medical supplies stocks now with a market order or use a limit order to delay your purchase until the stock reaches your desired price.
  6. Buy the stock. Tap or click the Buy button on your brokerage account. Once you’ve invested in the health industry, track how your stock performs to decide when it’s time to sell.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Bottom line

While it’s possible to turn a profit investing in medical supplies stocks, keep in mind that — like any investment — medical supplies stocks are not immune to risk. These stocks are subject to fluctuating conditions — both in the market and in the health industry, so carefully vet your picks before you invest. And if you’re new to investing, or if it’s been awhile since you’ve taken a critical look at your investing accounts, compare brokers to make sure you’re getting the best features in your trading account.

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