Tuesday, August 21, 2012

10 Healthcare Stocks Seeing Institutional Buying

The following is a list of healthcare stocks that have seen significant institutional inflows over the last three months. The smart money seems to think there's more upside to these names--what do you think?

We're not going to go into detailed analysis for each company. The goal here is to give you a starting point for your own analysis.

Institutional trading data sourced from Reuters. Full analysis below.

click for expanded image

1. Crucell NV (CRXL): Biotechnology Industry. Market cap of $2.57B. Institutional investors currently own 10,587,045 vs. 8,344,910 shares held three months ago (26.87% change). Short float at 0.56%, which implies a short ratio of 0.98 days. The stock has gained 51.66% over the last year.

2. Alere Inc. (ALR): Medical Laboratories & Research Industry. Market cap of $2.98B. Institutional investors currently own 79,344,929 vs. 66,980,365 shares held three months ago (18.46% change). Short float at 11.36%, which implies a short ratio of 14.21 days. The stock has lost -16.15% over the last year.

3. CareFusion Corporation (CFN): Medical Instruments & Supplies Industry. Market cap of $5.42B. Institutional investors currently own 199,853,633 vs. 171,659,923 shares held three months ago (16.42% change). Short float at 1.4%, which implies a short ratio of 1.24 days. The stock has gained 0.08% over the last year.

4. Dr. Reddy's Laboratories Ltd. (RDY): Drug Manufacturers - Other Industry. Market cap of $6.62B. Institutional investors currently own 29,861,733 vs. 27,054,963 shares held three months ago (10.37% change). Short float at 5.77%, which implies a short ratio of 20.42 days. The stock has gained 58.63% over the last year.

5. Teleflex Incorporated (TFX): Medical Instruments & Supplies Industry. Market cap of $2.23B. Institutional investors currently own 34,705,065 vs. 31,932,224 shares held three months ago (8.68% change). Short float at 2.81%, which implies a short ratio of 3.21 days. The stock has gained 5.75% over the last year.

6. HealthSpring Inc. (HS): Health Care Plans Industry. Market cap of $1.55B. Institutional investors currently own 53,019,798 vs. 49,171,610 shares held three months ago (7.83% change). Short float at 5.7%, which implies a short ratio of 4.81 days. The stock has gained 52.11% over the last year.

7. Theravance Inc. (THRX): Biotechnology Industry. Market cap of $2.07B. Institutional investors currently own 72,544,529 vs. 68,386,473 shares held three months ago (6.08% change). Short float at 12.21%, which implies a short ratio of 14.46 days. The stock has gained 114.08% over the last year.

8. Volcano Corporation (VOLC): Medical Appliances & Equipment Industry. Market cap of $1.4B. Institutional investors currently own 62,357,630 vs. 58,880,299 shares held three months ago (5.91% change). Short float at 9.9%, which implies a short ratio of 9.78 days. The stock has gained 58.21% over the last year.

9. Dendreon Corp. (DNDN): Biotechnology Industry. Market cap of $5.29B. Institutional investors currently own 96,375,954 vs. 91,259,051 shares held three months ago (5.61% change). Short float at 8.37%, which implies a short ratio of 4.12 days. The stock has gained 42.11% over the last year.

10. Masimo Corporation (MASI): Medical Appliances & Equipment Industry. Market cap of $1.84B. Institutional investors currently own 53,154,603 vs. 50,354,864 shares held three months ago (5.56% change). Short float at 13.34%, which implies a short ratio of 14.65 days. The stock has gained 11.73% over the last year.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

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