The Zacks Analyst Blog Highlights: Amedisys, DaVita, Tenet And Hanger

 | Nov 24, 2019 09:15PM ET

For Immediate Release

Chicago, IL –November 25, 2019 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Amedisys, Inc. (NASDAQ:AMED) , DaVita Inc. (NYSE:DVA) , Tenet Healthcare Corp. (NYSE:THC) and Hanger, Inc. (NYSE:HNGR) .

Here are highlights from Friday’s Analyst Blog:

4 Healthcare Stocks to Gain from Stellar Q3 Earnings

The healthcare sector has put up a decent performance since the beginning of fourth-quarter 2019, thanks to a string of positive factors. Let us thus take a look at what brought about this change and how one may benefit from this upward movement of healthcare stocks.

To be specific, let’s consider stocks whose earnings had surpassed the Zacks Consensus Estimate in Q3 and have given a positive guidance.

Healthcare Rushing Ahead

The Health Care Select Sector SPDR (XLV) has increased 9.7% since Oct 1, ahead of the rest of the S&P 500 sectors. Although the sector’s year-to-date growth is 14.9%, which is lower than all other constituting sectors of the S&P 500, its participants haven’t disappointed investors.

In fact, some of the major reasons behind the strong growth since the beginning of the fourth quarter are approval and launch of new drugs, fast-paced research and innovation. Continued implementation of cutting-edge technology, a growing market for biosimilars, rise in insurance coverage and new job vacancies have also pushed the sector ahead.

What’s more, healthcare spending by vital fund sources such as private health insurance, Medicare and Medicaid are also drivers of the sector.

In addition, per the latest Original post

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