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

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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.

 

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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.

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