3 High-Yield Healthcare Stocks to Buy With $1,000 and Hold Through Any Market
They are so much more than just dividend stocks.
Three high-yield healthcare stocks present an opportunity for investors with $1,000 to invest, holding the stocks through any market conditions. Pfizer (PFE -0.19%), Bristol Myers Squibb (BMY -0.79%), and Medtronic (MDT -2.14%) are attractive options boasting higher yields compared to major U.S. stock market indexes. Pfizer has a forward yield of 5.7%, while Bristol Myers offers 4.1%, and Medtronic provides 3%.
Pfizer has faced challenges and patent cliffs, but it has recently introduced new and acquired products, resulting in revenue growth of 7% year-over-year in the third quarter. Bristol Myers has also overcome market obstacles with new subcutaneous Opdivo and pipeline candidates. Medtronic, a medical device specialist, has rebounded strongly, with a 13.7% year-over-year revenue increase in Q1 fiscal year 2027.
The company's growth is driven by cardiac ablation products and the upcoming Hugo robotic-assisted surgery device. All three companies have shown resilience and have increased their dividend payouts consecutively.
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