Health tech is set to boom after coronavirus and these stocks will be the winners, Leerink says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

New for subscribers: Health tech is set to boom after coronavirus and these stocks will be the winners, Leerink says Check out CNBCPro for a free trial.

Angela Weiss | AFP | Getty ImagesHealth-care technology is a smart space for investors to hide out from the coronavirus crisis and an industry poised for future growth, with revenues possibly doubling in the near term, according to a new note from SVB Leerink.

"We believe 2020 will be a battleground year for the healthcare landscape on both post-COVID-19 recession fears and headline risk surrounding the election. In this context, we view HCIT as a bomb shelter for the broader healthcare landscape," the note said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Pro Yeah? We Will see about that

Pro Sounds like the people working for those companies should demand a lot more money! Their bosses dont want their profits delayed

Pro

Pro Or possibly the failures

Pro The healthcare system is ripe for disruption. Can’t wait to see what innovation takes place in this space.

Ireland Ireland Latest News, Ireland Ireland Headlines