The best US Pharma companies are creating groundbreaking advancements in the healthcare sector. The following is a list of the best pharmaceutical companies in the US ranked by their market capitalisation.
Stock Name | Ticker | Stock Price | Market Cap |
---|---|---|---|
Eli Lilly and Company | LLY | $ 781.06 | 742.135 B |
UnitedHealth Group Incorporated | UNH | $ 481.9 | 449.539 B |
Johnson & Johnson | JNJ | $ 155.56 | 405.123 B |
Merck & Co. Inc. | MRK | $ 103.35 | 261.891 B |
AbbVie Inc. | ABBV | $ 143.12 | 252.684 B |
Thermo Fisher Scientific, Inc. | TMO | $ 493.06 | 190.505 B |
Pfizer Inc. | PFE | $ 32.335 | 182.562 B |
Abbott Laboratories | ABT | $ 98.46 | 171.118 B |
Amgen Inc. | AMGN | $ 236.76 | 126.424 B |
Elevance Health, Inc | ELV | $ 520.15 | 124.836 B |
Bristol-Myers Squibb Co. | BMY | $ 56.28 | 117.575 B |
Anthem, Inc. | ANTM | $ 482.58 | 116.343 B |
Medtronic PLC | MDT | $ 80.25 | 106.558 B |
Intuitive Surgical, Inc. | ISRG | $ 299.89 | 105.583 B |
Stryker Corporation | SYK | $ 272.34 | 103.171 B |
Cigna Corp. | CI | $ 302.27 | 89.466 B |
Regeneron Pharmaceuticals, Inc. | REGN | $ 820.41 | 88.200 B |
CVS Health Corporation | CVS | $ 67.71 | 85.347 B |
Gilead Sciences Inc. | GILD | $ 65.2 | 81.179 B |
Vertex Pharmaceuticals Incorporated | VRTX | $ 297.87 | 76.580 B |
The US Pharmaceutical company stocks comprises companies that are into research, development, manufacturing and selling drugs and disease treatments. The sector has gained attention since the onset of the pandemic. The pharmaceutical companies were looking for ways to solve the global problem of COVID-19. They have witnessed a surge in their sales after getting approvals for COVID-19 vaccinations.
Some popular names in the Pharma sector are Pfizer, Johnson & Johnson, Novartis AG, Abbott Laboratories, and United Health Group.
Investors who understand how the sector works and are confident about the sector’s growth can invest in US Pharmaceutical company stocks.
Even though Pharma companies are volatile, they can be good investments in the long term. With the size of the industry growing and healthcare becoming more important, the pharma sector can be a good investment. Also, because Pharma is an ever-evolving industry, innovation, scientific breakthroughs, and technological advancements are inevitable. These advances help the Pharma companies grow at a very fast rate.
Therefore, pick fundamentally strong stocks with a good track record. Also, closely track your investments to avoid adverse impacts of market volatility.
Pharma and healthcare sectors are among the industries that are more or less stable. People will continue spending money on medicines and health care, irrespective of inflation and the job market.
Even though the sector was at its peak during the pandemic, a slight correction may be inevitable. However, experts are optimistic about the pharmaceutical sector for investments.
Furthermore, post-Covid-19, pharmaceutical and biotech companies are actively seeking to adapt to artificial intelligence and robotics to improve drug discovery and research. Therefore, the pharmaceutical sector outlook is promising for the medium to long-term investment horizon.