All finance news

Health tech is set to boom after coronavirus and these stocks will be the winners, Leerink says

0 2

(This story is for CNBC Pro subscribers only). 

Health-care technology is a smart space for investors to hide out from the coronavirus crisis and an industry poised for future growth, with revenues possibly doubling in the near term, according to a new note from SVB Leerink.

"We believe 2020 will be a battleground year for the healthcare landscape on both post-COVID-19 recession fears and headline risk surrounding the election. In this context, we view HCIT (Health care information technology) as a bomb shelter for the broader healthcare landscape," the note said.

Source: cnbc.com

Leave A Reply

Your email address will not be published.

eighteen − eighteen =