3 Healthcare Stocks With Winning Charts

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Healthcare stocks are starting 2015 off right. The healthcare sector, as tracked by the Health Care SPDR (ETF) (XLV), has been one of the best performing sectors, with XLV up 3% vs an S&P 500 that’s in the red.

3 Healthcare Stocks With Winning Charts

Source: ©iStock.com/graffoto8

As impressive as that is, some healthcare stocks are likely to lead the way even higher.

During my most recent look at the sector, three healthcare stocks in particular jumped out at me.

My Turner Analytics system, which uses sophisticated software and tools to screen more than 6,000 stocks and exchange-traded funds based on fundamental and technical research, has flagged all three of these healthcare stocks as “strong buys” right now.

Turner Analytics is unlike any other trade-timing tool out there, marrying both fundamental and technical analysis to zero in on big winners. My fundamental components include an analysis of a company’s financials and operations that will drive up the demand for shares, while my technical ratings tell you exactly when to buy and when to sell. Want a peek into the future? My tools  provide a unique and uncannily accurate time-cycle forecasting component for broad market and sector-based tickers, as well as 90-day future forecasts of individual stocks and ETFs.

Right now, healthcare stocks are flashing a strong bullish rating via my Turner Analytics tool, meaning there is a tailwind for every company in this segment of the market. And on top of that, within healthcare, my system has identified some very strong stocks right now that have even more potential than their peers.

Take a look at the charts of these potential winners.

Healthcare Stocks With Winning Charts: Edwards Lifesciences Corp (EW)

Edwards Lifesciences Corp (EW) is a global healthcare company based in California that provides products and technologies to treat structural heart disease and develops surgical heart valve therapy products.

EW stock is up 5.4% year-to-date and has excellent year-over-year earnings growth. My Turner Analytics tool shows that Edwards Lifesciences’ technical signal is very strong, with a perfect score of 35 out of 35.

EWturner

Healthcare Stocks With Winning Charts: Depomed Inc (DEPO)

Depomed Inc (DEPO) is also based in California. Depomed is a pharmaceutical company that focuses on treating diseases of the central nervous system. DEOP has seen incredible revenue and earnings growth year-over-year.

My Turner Analytics tool shows that Depomed’s technical signal is solid, with a perfect score of 35 out of 35.

DEPOturner

Healthcare Stocks With Winning Charts: ISIS Pharmaceuticals, Inc. (ISIS)

ISIS Pharmaceuticals, Inc. (ISIS) works in the line of antisense drugs and has a pipeline of 28 drugs in development for the treatment of cancer, cardiovascular, neurologic and metabolic diseases. ISIS is up 16% already in 2015 and has solid quarter-over-quarter and YOY earnings growth.

My Turner Analytics tool predicts future upside with a strongly bullish chart for ISIS, and another positive point for ISIS is that both the broader healthcare sector as well as its secondary industry are in “bull mode.”

ISISturnerMike Turner and his team of software engineers developed Turner Analytics, a sophisticated software market and trade-timing system that provides unbiased, quantifiable recommendations on thousands of equities and rates, ranks and scores these equities from best to worst in an easy-to-use on-line tool for individual investors. He is also the editor of Signal Investor.


Article printed from InvestorPlace Media, https://investorplace.com/2015/01/3-healthcare-stocks-to-buy-winning-charts-xlv-ew-depo-isis/.

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