The top 10 Canadian medical stocks

Published in Stocks and Investing on Tuesday, December 24th 2024 at 15:41 GMT by MSN
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A hallmark of long-term investing is aligning your portfolio with high-potential stocks in essential industries, whose products and services lie at the foundation of human life. A prospective way to upgrade your portfolio in this fashion is to invest in medical stocks with underlying operations solving unmet needs at an increasing profit.

The article from MSN Money discusses the top 10 Canadian medical stocks, highlighting their significance in the healthcare sector, which is known for its stability and growth potential due to an aging population and increasing healthcare needs. Here are the key points:

Bausch Health Companies Inc. (BHC.TO) - Known for its diversified portfolio in pharmaceuticals, medical devices, and over-the-counter products.

Chartwell Retirement Residences (CSH.UN.TO) - Focuses on senior living accommodations, benefiting from the demographic trend of an aging population.

Crescent Point Energy Corp. (CPG.TO) - Although primarily an energy company, it has diversified into healthcare through investments in medical facilities.

Extendicare Inc. (EXE.TO) - Provides long-term care, retirement living, and home health care services.

Knight Therapeutics Inc. (GUD.TO) - Specializes in acquiring or in-licensing innovative pharmaceutical products for the Canadian and Latin American markets.

Medical Facilities Corporation (DR.TO) - Owns and operates specialty surgical hospitals and an ambulatory surgery center in the U.S.

NorthWest Healthcare Properties REIT (NWH.UN.TO) - Owns a global portfolio of healthcare real estate, offering stability through long-term leases.

Park Lawn Corporation (PLC.TO) - Engages in the death care industry, providing funeral, cremation, and cemetery services.

Sienna Senior Living Inc. (SIA.TO) - Operates retirement residences and long-term care facilities.

Well Health Technologies Corp. (WELL.TO) - Focuses on digital health technologies, including telehealth and electronic medical records.

The article emphasizes the resilience of these companies due to the essential nature of healthcare services, making them attractive for investors looking for stability and growth in their portfolios.

Read the Full MSN Article at:
[ https://www.msn.com/en-ca/money/top-stocks/the-top-10-canadian-medical-stocks/ar-AA1wrmoN ]

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