11 Best Performing Healthcare Stocks to Buy Now

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4. iRhythm Technologies, Inc. (NASDAQ:IRTC)

YTD Performance: 52.71%

Number of Hedge Fund Holders: 24

iRhythm Technologies, Inc. (NASDAQ:IRTC) is a digital healthcare company that provides design, development, and commercialization of device-based technology. It provides ambulatory cardiac monitoring services, along with solutions to detect, predict, and prevent disease.

On May 2, analyst William Plovanic from Canaccord Genuity revisited iRhythm Technologies, Inc. (NASDAQ:IRTC) and maintained a Buy rating on the stock with a $139.00 price target. The analyst highlighted the company’s potential and strong performance, reasoning that it underwent a significant 20.3% year-over-year growth in its fiscal Q1 2025 revenue, exceeding internal and consensus estimates.

The growth was attributed to the success and unexpected strength of iRhythm Technologies, Inc.’s (NASDAQ:IRTC) Zio AT product, which is anticipated to continue its positive trajectory. The analyst further said the company raised its profitability and revenue guidance for fiscal year 2025, demonstrating confidence in sustained product demand.

iRhythm Technologies, Inc. (NASDAQ:IRTC) is also progressing on regulatory fronts. It plans to submit the Zio Monitor in Q3 and complete compliance efforts by the end of 2025. It is the fourth best-performing healthcare stock to buy now on our list.

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