After lagging behind the market in 2021, health care stocks have outperformed the S&P 500 so far in 2022
Some health care stocks are still experiencing tail winds from the pandemic
while others are benefiting from a rebound in elective procedures
Health care stocks are an excellent defensive play in an environment of rising interest rates and economic uncertainty
Health care valuations are also attractive
with pharmaceutical stocks and biotech stocks currently trading at record valuation discounts to other defensive sectors
Here are 10 of the best health care stocks to buy in 2022, according to Wall Street analysts.
– Beam Therapeutics Inc. (BEAM) – Fate Therapeutics Inc. (FATE) – Catalent Inc. (CTLT) – CRISPR Therapeutics AG (CRSP) – Roche Holding AG (RHHBY) – Veeva Systems Inc. (VEEV) – Grifols SA (GRFS) – UnitedHealth Group Inc. (UNH) – Pfizer Inc. (PFE) – Merck & Co. Inc. (MRK)