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Sienna Senior Living, CVS Health and 12 of the Top the Healthcare Stocks to Buy

Melisa R. H. Posted On February 19, 2019
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As baby-boomers retire in large number, the healthcare industry is expected to grow sharply. Retirement homes and long-term care facilities are going to face higher demands. Healthcare is also a more defensive sector for those who are looking for a safer investment choice. It’s also a very diverse field including insurance, medical technology, and care among others. Here are our 12 top picks to take advantage of population trends and healthcare.

Baby-boomers are set to retire in large numbers in the next few years, and among them, 70% of those aged 65 and over will need some long-term care services. Are you ready to deal with the financial stress of long-term care? Here are some tips to better prepare yourself so that you can live stress-free your golden years.

👨‍⚕️ Healthcare

Sienna Senor Living Inc (SIA-T)
They used to be mostly long-term care but is now in short term rentals and they are growing their retirement homes. As the population ages, the demand will grow even stronger. They also have Leisure World product which receives government funding, which gives them some stability.

Sienna Senior Living Inc (SIA-T) — Stockchase
Sienna Senior Living Inc (SIA-T) — Stockchase

LTC and retirement homes. Tremendous demographic growth profile. Very inexpensive valuations. A lot of US money is coming into the space. More supply will get built. He owns CSH.UN for clients.

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Brookdale Senior Living (BKD-N)
They are the largest owner and operator of senior living communities in the U.S.. A very good defensive name. John Stephenson says that any kind of movement up in the housing market or consumer confidence brings a level of increase into the facilities.

Brookdale Senior Living (BKD-N) — Stockchase
Brookdale Senior Living (BKD-N) — Stockchase

(A Top Pick May 6/15. Down 46.75%.) A very good defensive name in general. Probably got tarred with the same brush as healthcare. Still thinks this is a good company, but he left because the price volatility was too hard.

stockchase.com stockchase.com

Capital Senior Living (CSU-N)
They operate senior living communities and assisted living centers in the United States. 98% of their facilities are private pay. Their occupancy is close to 90%.

Capital Senior Living (CSU-N) — Stockchase
Capital Senior Living (CSU-N) — Stockchase

Seniors sucked a lot of people into the sector for a long time because it was a low wage sector. It seemed to all line up well but in actual fact you don’t actually want to move in there. For the last 8 years the interest rates supported them but now you have the theme…

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Chartwell Seniors Housing (CSH.UN-T)
This is the largest participant in the Canadian seniors housing sector. They also have a higher level of long term care facilities. The demographics play in their favor. Christine Poole says that the 75-year-plus population is expected to double in the 20 next years, and this would be a good play on that.

Chartwell Seniors Housing (CSH.UN-T) — Stockchase
Chartwell Seniors Housing (CSH.UN-T) — Stockchase

Her long-term view on this hasn't changed after Covid. CSH is now operating 100% retirement homes and no longer in long-term care units. Post-Covid, the supply/demand side of seniors homes has improved slowly. CSH occupancy is around 78% and pre-Covid was 90%. No reason why it can't return to 90%. Inflation pressures CSH but given…

stockchase.com stockchase.com

CVS Health Corp (CVS-N)
An American retail pharmacy and health care company. A great balance sheet and they pay a good yield. Earnings are improving as they do the right things.

CVS Health Corp (CVS-N) — Stockchase
CVS Health Corp (CVS-N) — Stockchase

Defensive value name. Expectations that EPS growth will grow by high single digits or low doubles. Largest drugstore chain, leading pharmacy benefits manager. Aetna purchase added to revenue growth. Shareholder friendly. Beat earnings and raised guidance this week. Beat analysts expectations for 25 consecutive quarters. 12x forward earnings. Trading at discount to historical median. Yield…

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Align Technology Inc (ALGN-Q)
They are a manufacturer in 3D digital scanners and a clear aligners used in orthodontics. This falls into the medical device category, which is a very attractive space. Their technology for braces for teeth appeals to mature individuals who wants something less conspicuous.

Align Technology Inc (ALGN-Q) — Stockchase
Align Technology Inc (ALGN-Q) — Stockchase

(A Top Pick May 06/21, Up 0.95%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with ALGN has triggered its stop at $590. To remain disciplined, we recommend covering the balance of the position at this time. Combined with the previous recommendation to cover half the position, this results in a net investment return over…

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Anthem Inc (ANTM-N)
This is an American health insurance company that is the largest for-profit managed health care company in the Blue Cross and Blue Shield Association. They are also part of Obama Care and Medicaid.

Anthem Inc (ANTM-N) — Stockchase
Anthem Inc (ANTM-N) — Stockchase

A leader in managed care. Building out pharmacy benefit manager to become increasingly cost-competitive and vertically integrated. Decent valuation. Yield is 1.06%. (Analysts’ price target is $561.52)

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Cigna Corp. (CI-N)
They are an American worldwide health services organization. Seniors over 65 pay three times more on healthcare than those under 65. This company could also benefit from the Affordable Care Act.

Cigna Corp. (CI-N) — Stockchase
Cigna Corp. (CI-N) — Stockchase

(A Top Pick Feb 11/21, Up 16.8%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with CI has triggered its $245 stop. We recommend covering the balance of the position at this time. Combined with the previous recommendation to cover 50%, this creates a total investment return over 19%

stockchase.com stockchase.com

Humana Inc (HUM-N)
A for-profit American health insurance company that has over 13 million patients.

Humana Inc (HUM-N) — Stockchase
Humana Inc (HUM-N) — Stockchase

They reported today. Their quarter was good--not as bad as the street thought--but UnitedHealth's and Centene's reports were even better. UNH is best in terms of technology. He prefers these two.

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Helius Medical Technologies (HSM-T)
A medical technology company that recently received Health Canada approval for a new brain stimulation medical device.They are going through FDA approval in the U.S.. If this gets approved, they will be a billion dollar business.

Helius Medical Technologies (HSM-T) — Stockchase
Helius Medical Technologies (HSM-T) — Stockchase

He has been investing in this for almost three years now. They received Health Canada approval for a new brain stimulation medical device last fall. They are awaiting FDA approval in the US. It magnifies the result of physio-therapy for the brain and the technology is safe. It is a billion dollar business if it…

stockchase.com stockchase.com

Johnson & Johnson (JNJ-N)
A well known multinational medical devices, pharmaceutical and consumer packaged goods manufacturing company. It’s a conglomerate of consumer, medical devices and pharma divisions. They’ve recently reported strong earnings. A name you can’t really go wrong with.

Johnson & Johnson (JNJ-N) — Stockchase
Johnson & Johnson (JNJ-N) — Stockchase

(A Top Pick Mar 03/21, Up 14%) Pharmaceutical sector has remained strong even with tech selloff. Spinning out consumer side of the business which has provided catalyst for return on stock. Current stock price presenting good buying opportunity. Will continue to buy and hold shares in company.

stockchase.com stockchase.com

💹 ETF

iShares DJ Medical Devices E.T.F. (IHI-N)
iShares DJ Medical Devices E.T.F. (IHI-N): A well-diversified and global medical and health device E.T.F.. This is a good choice for those wanting to diversify away from big pharma with an overlay of healthcare technology, a growing field.

ISHARES DOW JONES US MEDICAL DEV.(ETF) (IHI-N) — Stockchase
ISHARES DOW JONES US MEDICAL DEV.(ETF) (IHI-N) — Stockchase

Likes medical devices and health area as society ages. Would buy during a correcting. US and Europe have good healthcare stocks.

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