NewsMeter
Five names sit at the top of Benzinga's healthcare penny stock list, per analyst Chris Davis: Revive Therapeutics Ltd., Antares Pharma Inc., Medical Marijuana Inc., BIMI International Medical Inc., and Stem Cell Authority Ltd.
Davis frames the picks around an aging-population thesis and a separate claim that the coronavirus period created buying opportunities by depressing healthcare stock prices broadly.
The source divides the healthcare market into two segments: healthcare equipment and services, and pharmaceuticals, biotechnology and related life sciences. Pfizer (NYSE: PFE) and Merck and Co.
(NYSE: MRK) are cited as names that hold value during recessions.
Keep reading