Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

11 top research stocks to buy in 2024

Ready to invest in the medical industry? Learn how to invest in research stocks in just a few steps.

The best research 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.

11 popular research stock picks to buy in 2024

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

  1. Biocept (BIOC)
  2. Opko Health (OPK)
  3. Natera (NTRA)
  4. Danaher Corporation (DHR)
  5. IDEXX Laboratories (IDXX)
  6. Co-Diagnostics (CODX)
  7. DexCom (DXCM)
  8. Laboratory Corporation of America (LH)
  9. Agilent Technologies (A)
  10. Illumina (ILMN)
  11. Thermo Fisher Scientific (TMO)

Compare premium accounts that help you research stocks

The research stocks industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering research stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.

Our picks for platforms with research tools

Moby Premium


  • Services offered: Market research stock picking tool
  • Features: 3 stock picks a week, courses and lessons
  • Research: Video and audio reports

Robinhood Gold


  • Min. deposit: $0
  • Stock trade fee: $0
  • Sign up bonus: Get a free stock when you successfully sign up and link your bank account.

Public.com Premium


  • Min. deposit: $0
  • Uninvested cash APY: 0.01%
  • No bonus

How to invest in research stocks

  1. Choose an online stock trading platform. Choose from our Top Picks above, use our comparison table below or jump straight to the best stock trading apps of 2024.
  2. Sign up for an account. Provide your personal information and sign up.
  3. Set up a funding method to pay for the transaction. Deposit funds into your account by linking your banking information.
  4. Choose the stocks you want to buy. Search for the stock by name or ticker symbol like BIOC or OPK.
  5. Place your order. Buy the stock. It's that simple.

Take a deeper dive into research stocks

If you're interested in investing in the medical 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. Biocept (BIOC)

Biocept, Inc. , a molecular oncology diagnostics company, develops and commercializes proprietary clinical diagnostic laboratory assays designed to identify rare tumor cells and cell-free tumor DNA from blood and cerebrospinal fluid, or CSF in the United States. Its cancer assays provide information to healthcare providers to identify oncogenic alterations that qualify a subset of cancer patients for targeted therapy at diagnosis, progression, and monitoring to identify resistance mechanisms.

Biocept stock opened the day at $0.03 after a previous close of $0.03. The latest price was $0.07 (25-minute delay). Biocept is listed on the NASDAQ, has a trailing 12-month revenue of around USD1.4 million and employs 50 staff.

  • Market capitalization: $1,142,060
  • PEG ratio: -0.04

Back to top


2. Opko Health (OPK)

OPKO Health, Inc. , a healthcare company, engages in the diagnostics and pharmaceuticals businesses in the United States, Ireland, Chile, Spain, Israel, Mexico, and internationally. The company's Diagnostics segment operates BioReference Laboratories that offers laboratory testing services for the detection, diagnosis, evaluation, monitoring, and treatment of diseases, including esoteric testing, molecular diagnostics, anatomical pathology, genetics, women's health, and correctional healthcare to physician offices, clinics, hospitals, employers, and governmental units; and 4Kscore prostate cancer test.

Opko Health stock opened the day at $1.03 after a previous close of $1.01. The latest price was $1.03 (25-minute delay). Opko Health is listed on the NASDAQ, has a trailing 12-month revenue of around USD$866.9 million and employs 4,196 staff.

  • Market capitalization: $716,159,296
  • PEG ratio: -2.87

Back to top


3. Natera (NTRA)

Natera, Inc. , a diagnostics company, develops and commercializes molecular testing services worldwide. Its products include Panorama, a non-invasive prenatal test that screens for chromosomal abnormalities of a fetus, as well as in twin pregnancies; Horizon carrier screening test for individuals and couples determine if they are carriers of genetic variations that cause certain genetic conditions; Vistara single-gene NIPT screens for 25 single-gene disorders that cause severe skeletal, cardiac, and neurological conditions; Spectrum, preimplantation genetic tests for couples undergoing IVF; Anora that analyzes miscarriage tissue from women; Empower, a hereditary cancer screening test; and non-invasive prenatal paternity product, which allows a couple to establish paternity without waiting for the child to be born.

Natera stock opened the day at $68.71 after a previous close of $70.01. The latest price was $68.86 (25-minute delay). Natera is listed on the NASDAQ, has a trailing 12-month revenue of around USD$988.7 million and employs 2,958 staff.

  • Market capitalization: $8,370,989,568
  • PEG ratio: 0

Back to top


4. Danaher Corporation (DHR)

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. The Biotechnology segments offers bioprocess technologies, consumables, and services; lab filtration, separation, and purification; lab-scale protein purification and analytical tools; reagents, membranes and services; and healthcare filtration solutions. The Life Sciences segment provides mass spectrometers; flow cytometry, genomics, lab automation, centrifugation, particle counting and characterization; microscopes; genomics consumables; and Gene and Cell Therapy to the pharmaceutical and biopharmaceutical, food and beverage, medical, and life sciences companies, as well as universities, medical schools and research institutions, and various industrial manufacturers.

Danaher Corporation stock opened the day at $248.66 after a previous close of $250.00. The latest price was $248.30 (25-minute delay). Danaher Corporation is listed on the NYSE, has a trailing 12-month revenue of around USD$23.9 billion and employs 63,000 staff.

  • Market capitalization: $180,327,841,792
  • P/E ratio: 43.177
  • PEG ratio: 3.1473

Back to top


5. IDEXX Laboratories (IDXX)

IDEXX Laboratories, Inc. develops, manufactures, and distributes products primarily for the companion animal veterinary, livestock and poultry, dairy, and water testing markets worldwide. The company operates through three segments: Companion Animal Group; Water Quality Products; and Livestock, Poultry and Dairy.

IDEXX Laboratories stock opened the day at $553.77 after a previous close of $555.54. The latest price was $551.00 (25-minute delay). IDEXX Laboratories is listed on the NASDAQ, has a trailing 12-month revenue of around USD$3.7 billion and employs 11,000 staff.

  • Market capitalization: $46,148,501,504
  • P/E ratio: 55.2346
  • PEG ratio: 5.306

Back to top


6. Co-Diagnostics (CODX)

Co-Diagnostics, Inc. , a molecular diagnostics company, develops, manufactures, and sells reagents used for diagnostic tests that function through the detection and/or analysis of nucleic acid molecules in the United States and internationally. It offers polymerase chain reaction (PCR) diagnostic tests for COVID-19, influenza, tuberculosis, hepatitis B and C, human papillomavirus, malaria, chikungunya, dengue, and the zika virus; three multiplexed tests to test mosquitos for the identification of diseases carried by the mosquitos; and molecular tools for detection of infectious diseases, liquid biopsy for cancer screening, and agricultural applications.

Co-Diagnostics stock opened the day at $1.15 after a previous close of $1.16. The latest price was $1.15 (25-minute delay). Co-Diagnostics is listed on the NASDAQ, has a trailing 12-month revenue of around USD$4.7 million and employs 145 staff.

  • Market capitalization: $36,045,704
  • PEG ratio: 0

Back to top


7. DexCom (DXCM)

DexCom, Inc. , a medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring (CGM) systems in the United States and internationally. The company provides its systems for use by people with diabetes, as well as for use by healthcare providers.

DexCom stock opened the day at $116.73 after a previous close of $117.05. The latest price was $118.49 (25-minute delay). DexCom is listed on the NASDAQ, has a trailing 12-month revenue of around USD$3.6 billion and employs 9,500 staff.

  • Market capitalization: $45,008,875,520
  • P/E ratio: 89.8077
  • PEG ratio: 2.2348

Back to top


8. Laboratory Corporation of America (LH)

Laboratory Corporation of America Holdings operates as a life sciences company that provides vital information to help doctors, hospitals, pharmaceutical companies, researchers, and patients make clear and confident decisions. It operates in two segments, Labcorp Diagnostics and Labcorp Drug Development. The company offers various tests, such as blood chemistry analyses, urinalyses, blood cell counts, thyroid tests, PAP tests, hemoglobin A1C and vitamin D, prostate-specific antigens, tests for sexually transmitted diseases, hepatitis C tests, microbiology cultures and procedures, and alcohol and other substance-abuse tests.

Laboratory Corporation of America stock opened the day at $215.29 after a previous close of $216.64. The latest price was $215.76 (25-minute delay). Laboratory Corporation of America is listed on the NYSE, has a trailing 12-month revenue of around USD$15.1 billion and employs 60,000 staff.

  • Market capitalization: $18,898,741,248
  • P/E ratio: 22.9248
  • PEG ratio: 3.1223

Back to top


9. Agilent Technologies (A)

Agilent Technologies, Inc. provides application focused solutions to the life sciences, diagnostics, and applied chemical markets worldwide. The company operates in three segments: Life Sciences and Applied Markets, Diagnostics and Genomics, and Agilent CrossLab.

Agilent Technologies stock opened the day at $133.61 after a previous close of $134.84. The latest price was $134.50 (25-minute delay). Agilent Technologies is listed on the NYSE, has a trailing 12-month revenue of around USD$6.8 billion and employs 18,100 staff.

  • Market capitalization: $38,024,867,840
  • P/E ratio: 30.969
  • PEG ratio: 2.4925

Back to top


10. Illumina (ILMN)

Illumina, Inc. develops, manufactures, and markets life science tools and integrated systems for large-scale analysis of genetic variation and function. It operates through Core Illumina and GRAIL segments.

Illumina stock opened the day at $141.72 after a previous close of $143.41. The latest price was $139.35 (25-minute delay). Illumina is listed on the NASDAQ and has a trailing 12-month revenue of around USD$4.5 billion.

  • Market capitalization: $21,237,913,600
  • PEG ratio: 4.2399

Back to top


11. Thermo Fisher Scientific (TMO)

Thermo Fisher Scientific Inc. provides life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and biopharma services in the United States and internationally. The company's Life Sciences Solutions segment offers reagents, instruments, and consumables for biological and medical research, discovery, and production of drugs and vaccines, as well as diagnosis of infections and diseases; and solutions include biosciences, genetic sciences, clinical next-generation sequencing, bio production to pharmaceutical, biotechnology, agricultural, clinical, healthcare, academic, and government markets.

Thermo Fisher Scientific stock opened the day at $544.86 after a previous close of $547.84. The latest price was $549.63 (25-minute delay). Thermo Fisher Scientific is listed on the NYSE and has a trailing 12-month revenue of around USD$42.9 billion.

  • Market capitalization: $211,836,190,720
  • P/E ratio: 35.4638
  • PEG ratio: 2.7149

Back to top

Compare more stock trading platforms to invest in research stocks

Compare online trading platforms by fees, asset types and bonuses to find the best for your investment in research stocks.
1 - 6 of 6
Name Product Ratings Available asset types Minimum deposit Stock trade fee Cash sweep APY Signup bonus
SoFi Invest®
Finder Rating: 4.7 / 5: ★★★★★
SoFi Invest®
★★★★★
Stocks, Options, ETFs
$0
$0
0.01%
Get up to $1,000 in stock
when you fund a new account within 30 days
tastytrade
Finder Rating: 4.6 / 5: ★★★★★
tastytrade
★★★★★
Stocks, Options, ETFs, Cryptocurrency, Futures
$0
$0
N/A
Get $100-$5,000
when you open and fund an account with $5,000 to $1,000,000+
Highly commended for Best Derivatives Trading Platform award.
Fennel
Finder Rating: 4 / 5: ★★★★★
Fennel
★★★★★
Stocks, ETFs
$0
$0
N/A
Finder exclusive: Get your second month of service free
when you you sign up with Finder
FINDER EXCLUSIVE: Sign up with Finder, and get your second month of service free. For every $500 deposited, receive another one month of free service, up to 12 months. T&Cs apply.
Moomoo
Finder Rating: 4.7 / 5: ★★★★★
Exclusive
Moomoo
★★★★★
Stocks, Options, ETFs
$0
$0
5.10%
Get 5 or 15 free stocks
when you open and fund an account with $100 or $1,000
No commission stock and ETF trading, with a chance to get up to 15 free stocks with signup.
Robinhood
Finder Rating: 4.2 / 5: ★★★★★
Robinhood
★★★★★
Stocks, Options, ETFs, Cryptocurrency
$0
$0
1.5%, or 5.25% with Robinhood Gold
Get a free stock
when you successfully sign up and link your bank account.
Make unlimited commission-free trades, plus earn a 5.25% APY on your uninvested cash through January 31, 2024, with Robinhood Gold. Subscription fees apply.
eToro
Finder Rating: 4.2 / 5: ★★★★★
EXCLUSIVE
eToro
★★★★★
Stocks, Options, ETFs, Cryptocurrency
$0
$0
4.9%
FINDER EXCLUSIVE: Get a guaranteed $15 bonus
when you sign up and deposit $100
Not available in NY, NV, MN, TN, and HI.
loading

Bottom line

While it’s possible to turn a profit investing in research stocks, keep in mind that — like any investment — research stocks are not immune to risk. These stocks are subject to fluctuating conditions — both in the market and in the medical 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.

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an adviser or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

More guides on Finder

Ask an Expert

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site