10 Best Organ Transplant and Diagnosis Stocks To Buy Now

1. Thermo Fisher Scientific Inc. (NYSE:TMO)

Market Cap as of August 1: $237.34 Billion

Hedge Funds Holding Stakes: 110

Thermo Fisher Scientific Inc. (NYSE:TMO) is the best organ transplant and diagnosis stocks to buy now, according to hedge funds. It provides life sciences solutions, analytical instruments, and specialty diagnostics. Thermo Fisher Scientific Inc. (NYSE:TMO) also offers innovative solutions for transplantation testing, molecular diagnostics, immunoassays, and data management.

Thermo Fisher Scientific Inc. (NYSE:TMO) also offers solutions for HLA labs and transplant clinical teams, supplying dependable biomarkers for solid organ and bone marrow transplants and drug development. The stock is up by 11% for the year. Thermo Fisher Scientific Inc. (NYSE:TMO) generated$42.86 billion in sales in 2023.

A total of 110 hedge funds out of 920 tracked by Insider Monkey Database held stakes in the company as of the end of Q1 2024 from 111 as of the end of Q4 2023.

Polen Focus Growth Strategy stated the following regarding Thermo Fisher Scientific Inc. (NYSE:TMO) in its first quarter 2024 investor letter:

“We increased our positions in Thermo Fisher Scientific Inc. (NYSE:TMO), Visa, Zoetis, Nike, and Abbott Labs. Each of these companies is durable and available at attractive valuations, in our view, for the growth we see ahead. In fact, in the case of Thermo Fisher, Nike, and Abbott Labs, we expect accelerating earnings growth in the back half of 2024 after more difficult earnings growth periods pass for each of these companies. Thermo Fisher and Abbott will finally wind down most of their COVID-19 testing and vaccine-related efforts due to a lack of demand, so these should no longer be revenue growth headwinds.”

Given the expansion and growth in the organ transplant segment, there are tremendous investment opportunities and value to unlock around the 10 best organ transplant and diagnosis stocks to buy now. However, given that the artificial intelligence arms race is just starting, there are under-the-radar AI stocks trading at highly discounted valuations with greater promise for anyone looking to diversify their portfolio. If you are looking for an AI stock that is more promising than the top activist investment plays, check out our report about the cheapest AI stock.

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