The following are the top rated Health Care stocks according to Validea's Growth Investor model based on the published strategy of Martin Zweig. This strategy looks for growth stocks with persistent accelerating earnings and sales growth, reasonable valuations and low debt.
CORCEPT THERAPEUTICS INCORPORATED (CORT) is a mid-cap growth stock in the Biotechnology & Drugs industry. The rating according to our strategy based on Martin Zweig is 69% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Corcept Therapeutics Incorporated is a commercial-stage company, which is engaged in the discovery and development of medications to treat severe endocrine, oncologic, metabolic and neurological disorders by modulating the effects of the hormone cortisol. The Company operates through the discovery, development and commercialization of the pharmaceutical products segment. The Company has marketed Korlym (mifepristone) in the United States for the treatment of patients suffering from Cushings syndrome. The Company's portfolio of selective cortisol modulators consists of four series totaling approximately 1,000 compounds. Its portfolio of selective cortisol modulators consists of relacorilant, exicorilant, dazucorilant and miricorilant. Korlyms active ingredient, mifepristone, reduces the binding of excess cortisol to the GR, it can modulate the effects of abnormal levels and release patterns of cortisol without compromising cortisols healthy functions and rhythms.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: | PASS |
REVENUE GROWTH IN RELATION TO EPS GROWTH: | PASS |
SALES GROWTH RATE: | PASS |
CURRENT QUARTER EARNINGS: | PASS |
QUARTERLY EARNINGS ONE YEAR AGO: | PASS |
POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: | PASS |
EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: | FAIL |
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: | FAIL |
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: | PASS |
EARNINGS PERSISTENCE: | FAIL |
LONG-TERM EPS GROWTH: | FAIL |
TOTAL DEBT/EQUITY RATIO: | PASS |
INSIDER TRANSACTIONS: | PASS |
Detailed Analysis of CORCEPT THERAPEUTICS INCORPORATED
INTEGER HOLDINGS CORP (ITGR) is a mid-cap growth stock in the Medical Equipment & Supplies industry. The rating according to our strategy based on Martin Zweig is 62% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Integer Holdings Corporation is a medical device outsource (MDO) manufacturing company. The Company serves the cardiac rhythm management, neuromodulation, orthopedics, vascular, advanced surgical and portable medical markets. In addition to providing medical technologies, it develops batteries for high-end niche applications in energy, military and environmental markets. Its brands include Greatbatch Medical, Lake Region Medical and Electrochem. It operates in two segments: Medical and Non-Medical. The Medical segment includes the cardio and vascular; cardiac rhythm management and neuromodulation, and advanced surgical; orthopedics and portable medical product lines. The Non-Medical segment comprises the Electrochem product line. Electrochem provides customized battery power and power management systems where safety, reliability, quality and durability are critical. It designs and manufactures customized primary (non-rechargeable) battery solutions that are used in multiple industries.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: | PASS |
REVENUE GROWTH IN RELATION TO EPS GROWTH: | PASS |
SALES GROWTH RATE: | FAIL |
CURRENT QUARTER EARNINGS: | PASS |
QUARTERLY EARNINGS ONE YEAR AGO: | PASS |
POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: | PASS |
EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: | PASS |
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: | FAIL |
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: | PASS |
EARNINGS PERSISTENCE: | FAIL |
LONG-TERM EPS GROWTH: | FAIL |
TOTAL DEBT/EQUITY RATIO: | FAIL |
INSIDER TRANSACTIONS: | PASS |
Detailed Analysis of INTEGER HOLDINGS CORP
HEALTHEQUITY INC (HQY) is a mid-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Martin Zweig is 62% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: HealthEquity, Inc. is engaged in providing technology-enabled services that help consumers make healthcare savings and spending decisions. The Company uses its technology to manage consumers' tax-advantaged health savings accounts (HSAs) and other consumer-directed benefits (CDBs) offered by employers, including flexible spending accounts and health reimbursement arrangements (FSAs and HRAs), and to administer Consolidated Omnibus Budget Reconciliation Act (COBRA), commuter and other benefits. It offers a mutual fund investment platform and access to an online-only automated investment advisory service to all its members. It offers multiple cloud-based platforms, accessed by its members online via a desktop or mobile device, through which individuals can make health saving and spending decisions, pay healthcare bills, compare treatment options and prices, receive personalized benefit and clinical information, earn wellness incentives, grow their savings and make investment choices.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: | FAIL |
REVENUE GROWTH IN RELATION TO EPS GROWTH: | FAIL |
SALES GROWTH RATE: | PASS |
CURRENT QUARTER EARNINGS: | PASS |
QUARTERLY EARNINGS ONE YEAR AGO: | PASS |
POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: | PASS |
EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: | FAIL |
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: | PASS |
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: | PASS |
EARNINGS PERSISTENCE: | FAIL |
LONG-TERM EPS GROWTH: | PASS |
TOTAL DEBT/EQUITY RATIO: | PASS |
INSIDER TRANSACTIONS: | PASS |
Detailed Analysis of HEALTHEQUITY INC
PREMIER INC (PINC) is a small-cap growth stock in the Medical Equipment & Supplies industry. The rating according to our strategy based on Martin Zweig is 62% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Premier, Inc. is a healthcare improvement company, uniting an alliance of over 4,350 United States hospitals and health systems and over 325,000 other providers and organizations to transform healthcare. Its segments include Supply Chain Services and Performance Services. The Supply Chain Services segment includes its group purchasing organization program, supply chain co-management, purchased services and direct sourcing activities. The Performance Services segment consists of three sub-brands: PINC AI, its technology and services platform, Contigo Health, its direct-to-employer business, and Remitra, its digital invoicing and payables automation business. It delivers a comprehensive technology-enabled platform that offers critical supply chain services, clinical, financial, operational and value-based care software as a service and clinical and enterprise analytics license, consulting services, performance improvement collaborative programs and third-party administrator services.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: | PASS |
REVENUE GROWTH IN RELATION TO EPS GROWTH: | PASS |
SALES GROWTH RATE: | FAIL |
CURRENT QUARTER EARNINGS: | PASS |
QUARTERLY EARNINGS ONE YEAR AGO: | PASS |
POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: | PASS |
EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: | FAIL |
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: | PASS |
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: | PASS |
EARNINGS PERSISTENCE: | FAIL |
LONG-TERM EPS GROWTH: | FAIL |
TOTAL DEBT/EQUITY RATIO: | PASS |
INSIDER TRANSACTIONS: | PASS |
Detailed Analysis of PREMIER INC
About Martin Zweig: During the 15 years that it was monitored, Zweig's stock recommendation newsletter returned an average of 15.9 percent per year, during which time it was ranked number one based on risk-adjusted returns by Hulbert Financial Digest. Zweig has managed both mutual and hedge funds during his career, and he's put the fortune he's compiled to some interesting uses. He has owned what Forbes reported was the most expensive apartment in New York, a $70 million penthouse that sits atop Manhattan's Pierre Hotel, and he is a collector of all sorts of pop culture and historical memorabilia -- among his purchases are the gun used by Clint Eastwood in "Dirty Harry", a stock certificate signed by Commodore Vanderbilt, and even two old-fashioned gas pumps similar to those he'd seen at a nearby gas station while growing up in Cleveland, according to published reports.
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.