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Mental health stocks: Invest in mental health companies

Support mental health companies while diversifying your portfolio with behavioral therapy stocks.

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About mental health disorders in the US Learn more

The global mental health market is expected to be worth $560 billion by 2030, driven by an aging population and rising numbers of people with mental health disorders. By investing in mental health stocks, you can grow your portfolio while supporting companies that make and deliver treatments.

What are mental health stocks?

When you buy mental health stocks, you’re buying shares in publicly traded companies that deliver products or services related to the mental health industry. This includes creating treatments or medications, offering counselling services, producing educational materials and developing technology to assist mental healthcare professionals and clients.

How to invest in therapy stocks

  1. Research stocks. You can check out a list of mental health stocks to watch below. Compare stock prices, past performance and company financials to decide which stocks are right for you.
  2. Choose an investment platform. Look at fees, features and whether you can get access to the exchanges on which your stocks are trading.
  3. Open an account and add funds. You might need to wait for your account to be verified and for your funds to hit the account before you can begin.
  4. Find your chosen stock. Search for stocks by name (Pfizer Inc.) or ticker symbol (PFE).
  5. Submit your order, review and buy. Buy stocks with a market order. Some platforms lets you buy fractional shares or place limit orders that trigger a buy or sell when a stock reaches your desired price.

Mental health stocks to watch

Teladoc Health logo

Teladoc Health, Inc. (TDOC)

Teladoc Health provides virtual healthcare services in the United States and internationally. Through the Teladoc, Livongo, and BetterHelp brands, it offers services for a wide range of conditions including diabetes, chronic kidney disease, cancer, congestive heart failure and mental health conditions.

  • Healthcare
  • Exchange: NYSE
  • Dividend yield: N/A
  • Price-earnings (P/E) ratio: N/A

Eli Lilly and Company logo

Eli Lilly and Company (LLY)

Eli Lilly and Company discovers, develops and markets human pharmaceuticals worldwide. Its portfolio of products include treatments for depression, anxiety, schizophrenia, bipolar disorder, diabetes, cancer, arthritis, osteoporosis and other conditions. The company makes Prozac (fluoxetine), one of the most widely used FDA-approved antidepressants on the market.

  • Healthcare
  • Exchange: NYSE
  • Dividend yield: 1.21%
  • Price-earnings (P/E) ratio: 46.63

Pfizer logo

Pfizer Inc. (PFE)

Pfizer discovers, develops, manufactures, markets, distributes and sells a wide range of biopharmaceutical products worldwide. The company makes a number of widely used medications that treat mental health conditions including Xanax (alprazolam), Effexor (venlafaxine) and Zoloft (sertraline).

  • Healthcare
  • Exchange: NYSE
  • Dividend yield: 3.16%
  • Price-earnings (P/E) ratio: 9.63

Talkspace logo

Talkspace, Inc. (TALK)

Talkspace is a New York based virtual behavior healthcare company that delivers healthcare services through encrypted web and mobile platform. The company offers treatment options for psychiatry therapy as well as adolescent, individual and couples therapy.

  • Healthcare
  • Exchange: Nasdaq Global Select Market
  • Dividend yield: N/A
  • Price-earnings (P/E) ratio: N/A

Bristol Myers Squibb logo

Bristol-Myers Squibb Company (BMY)

Bristol-Myers Squibb Company discovers, develops, licenses, manufactures and markets biopharmaceutical products worldwide including Abilify (Aripiprazole), an antipsychotic medication. It offers products for neuroscience, hematology, oncology, cardiovascular, immunology, fibrotic and covid-19 diseases.

  • Healthcare
  • Exchange: NYSE
  • Dividend yield: 2.95%
  • Price-earnings (P/E) ratio: 24.25

Johnson & Johnson logo

Johnson & Johnson (NYSE: JNJ)

Johnson & Johnson makes and sells healthcare products worldwide. Its brands include Johnson’s, Aveeno, Listerine, Neutrogena, Tylenol and Band-Aid. Its subsidiary, Janssen Pharmaceuticals, develops a number of treatments for mood disorders, neurodegenerative disorders and schizophrenia including Haldol (haloperidol), Risperdal (risperidone) and Invega (paliperidone).

  • Healthcare
  • Exchange: NYSE
  • Dividend yield: 2.70%
  • Price-earnings (P/E) ratio: 24.75

Overview of mental health disorders in the US

Around 1 in 5 adults in the US have a mental health disorder, according to 2020 data released by the Substance Abuse and Mental Health Services Administration (SAMHSA). This is roughly 52.9 million people or 21% of the US adult population.

The data shows a higher rate of mental health disorders among females (25.8%) than males (15.8%). There was also a higher rate of mental health illness among young adults aged 18-25 (30.6%) than adults aged 26-49 (25.3%) or 50+ (14.5%).

Many conditions fall under the umbrella of mental health disorders including anxiety disorder, panic disorder, bipolar disorder, eating disorder, borderline personality disorder, depression, obsessive-compulsive disorder (OCD), post-traumatic stress disorder (PTSD), schizophrenia and trauma.

Mental health problems aren’t new, but they’re certainly starting to get more awareness, with several celebrities, including Ryan Reynolds, Beyoncé, and even Prince Harry coming out to talk about their own mental health. Increasing awareness may help convince people to seek help for their problems, thereby driving up demand for mental health services.

What are the risks of investing in mental health stocks?

One of the main risks of investing in mental health stocks is that companies you don’t invest in will be quicker to come out with new treatments or technologies. For therapy stocks in companies that offer program-based treatments, there’s a risk that programs will become ineffective or that users will lose interest.

Open an investment account to buy mental health stocks

1 - 8 of 13
Name Product Asset types Annual fee Signup bonus
SoFi Invest
Stocks, ETFs, Cryptocurrency
0%
$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.
eToro
Stocks, ETFs, Cryptocurrency
0%
8%-12% of your deposit
when you sign up and deposit at least $50. T&Cs apply.
Trade stocks in the app or online with $0 commissions. Not available in NY, NV, MN, TN, and HI.
Tastyworks
Stocks, Options, ETFs, Cryptocurrency
0%
$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.
Public
Stocks, ETFs, Cryptocurrency
$0 per month
Receive a free stock slice worth between $3–$300
when you sign up for an account and deposit at least $20.
Commission-free trading in stocks and ETFs with a social networking twist.
JPMorgan Self-Directed Investing
Stocks, Bonds, Options, Mutual funds, ETFs
0%
$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
Robinhood
Stocks, Options, ETFs, Cryptocurrency
0%
Get a free stock
when you successfully sign up and link your bank account.
Make unlimited commission-free trades, plus earn 3% interest on uninvested cash in your account with Robinhood Gold.
Tradier
Stocks, Options, ETFs
$10 per month
N/A
Customize your trade platform or build your own Deep tools, charts and screens Analyzers to help you study before you trade
Axos Bank Self Directed Investing
Stocks, Options, Mutual funds, ETFs
$0 per month
N/A
Enjoy commission-free stock and ETF trades and access over 10,000 no-load mutual funds with Axos Financial.
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Compare up to 4 providers

Bottom line

The mental health industry is growing as companies rise to meet the demands of a population increasingly challenged with mental health disorders. Investing in therapy stocks can support companies that deliver treatments or develop pharmaceuticals while diversifying your portfolio.

As with all investments, there are risks to investing in mental health stocks, so be sure to carefully research companies and stock trading platforms before you buy in.

Disclaimer: 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.

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