10 Best Healthcare Stocks to Buy Under $50

4. Baxter International Inc. (NYSE:BAX)

Number of Hedge Fund Holders: 46

Share Price: $33.96

One of the best healthcare stocks to buy under $50 is Baxter International Inc. (NYSE:BAX). The company, which primarily focuses on products to treat kidney-related diseases, had a fine first quarter of the year during which is generated an EPS of $0.65 per share, beating market forecasts of $0.61. Baxter International Inc. (NYSE:BAX)’s revenue from continuing operations also grew 2% to total $3.59 billion for the first quarter.

The American multinational company expects a full-year sales growth of 2% during 2024, and its earnings per share to be between $2.88-$2.98 per diluted share. According to Insider Monkey’s database, 46 hedge fund holders are bullish on the stock.