10 Best Healthcare Stocks to Buy and Hold for 3 Years

7. Merit Medical Systems, Inc. (NASDAQ:MMSI)

Number of Hedge Fund Holders: 33

Merit Medical Systems, Inc. (NASDAQ:MMSI) is among the best healthcare stocks to buy and hold for 3 years.

TheFly reported on April 13 that BTIG analyst Sam Eiber kept a Buy rating on MMSI while cutting the price target to $100 from $107. The adjustment reflects model revisions tied to CMS’s proposed FY27 inpatient payment framework, which includes early-stage guidance and decisions related to new technology add-on reimbursements within the medical technology space.

In other news, earlier on April 1, Merit Medical Systems, Inc. (NASDAQ:MMSI) completed the acquisition of View Point Medical, Inc. through a merger, making it a wholly owned subsidiary in a deal valued at approximately $140 million, including assumed liabilities. The transaction included an upfront cash payment of $90 million, with two additional deferred payments of $25 million each scheduled over the following two years.

ViewPoint, based in Carlsbad, California, develops imaging and tissue marker technologies used in diagnostic and surgical procedures. The acquisition expands MMSI’s oncology portfolio, particularly in breast and soft tissue tumor localization, and enhances its capabilities in minimally invasive diagnostic solutions. The company expects the deal to contribute modest revenue in 2026 while temporarily impacting earnings, with stronger financial benefits projected in 2027 as product adoption grows and operational integration progresses.

Merit Medical Systems, Inc. (NASDAQ:MMSI) is a global medical device company that develops and manufactures products used in interventional, diagnostic, and therapeutic procedures. It focuses on minimally invasive solutions for cardiology, radiology, oncology, and endoscopy markets.