5 Best Healthcare Stocks Under $50

In this article, we will be taking a look at the 5 best healthcare stocks under $50. To read our detailed analysis of the healthcare sector, you can go directly to see the 11 Best Healthcare Stocks Under $50.

5. Catalent, Inc. (NYSE:CTLT)

Number of Hedge Fund Holders: 42

Share Price as of July 21: $47.88

Catalent, Inc. (NYSE:CTLT) is a pharmaceutical company based in Somerset, New Jersey. It provides solutions for drugs, protein-based biologics, and more.

On June 30, Sean Dodge at RBC Capital reiterated an Outperform rating and $49 price target on Catalent, Inc. (NYSE:CTLT) shares.

Catalent, Inc. (NYSE:CTLT) had 42 hedge funds long its stock in the first quarter, with a total stake value of $1.2 billion.

Aristotle Capital Boston, LLC mentioned Catalent, Inc. (NYSE:CTLT) in its first-quarter 2023 investor letter:

“Catalent, Inc. (NYSE:CTLT), a pharmaceutical contract development and manufacturing organization, appreciated amid positive momentum within the company’s Biologics segment, a renewed focus on improving efficiencies, and rumblings that the company may be acquired. We maintain a position, as we believe the long-term value creation opportunity for the company remains intact, driven by favorable outsourcing trends and the company’s competitive position in biologics, particularly within the company’s cell and gene therapy sub-segments.”