5 Cheap Healthcare Stocks to Buy Now

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In this article we discuss 5 Cheap Healthcare Stocks to Buy Now. If you want to read our detailed analysis of the healthcare industry, go directly to 10 Cheap Healthcare Stocks to Buy Now.

5. Bio-Rad Laboratories, Inc. Class A Common Stock (NYSE: BIO)

PE Ratio (TTM): 5.09

California-based Bio-Rad makes specialized technological products for the life science research and clinical diagnostics markets. In the third quarter, Bio-Rad posted a non-GAAP EPS of $3, above the Wall Street’s estimate by $1.18. Revenue in the period totaled $647.3 million, which shows a 15.5% growth. This also beat the consensus by $79.95 million.

A total of 48 hedge funds tracked by Insider Monkey held stakes in the company at the end of the third quarter. The total value of these stakes is $1.2 billion.  Raiv Jain’s GQG Partners increased its hold in Bio-Rad in the quarter, ending the period with 354,266 shares of the company, worth $182.61 million.

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