Investors remain puzzled due to persistent macro challenges, continued interest rate hikes, and the regional banking crisis. Given the ongoing uncertainties, sectors that are resilient during economic downturns could offer attractive investment opportunities.
While not entirely immune to recessionary conditions, healthcare companies have the ability to navigate a tough macro backdrop due to the essential nature of their products and services.
With a long-term investment horizon in mind, I used TipRanks Stock Comparison Tool to compare the following healthcare stocks and pick the one that Wall Street expects to generate the most attractive returns.
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