10 Innovative Healthcare Stocks to Watch in 2025

5. Boston Scientific Corporation (NYSE:BSX)

Number of Hedge Fund Holders: 96

The fifth stock on our list of the best healthcare stocks is Boston Scientific Corporation (NYSE:BSX). It is a Massachusetts-based company that specializes in developing, manufacturing, and distributing medical devices for interventional procedures worldwide. It is divided into two sections: Cardiovascular and MedSurg. Citing the company’s impressive fourth-quarter earnings, Canaccord Genuity raised the price objective from $101 to $117 on February 6 and kept its Buy rating on the shares.

In the fourth quarter of 2024, Boston Scientific Corporation (NYSE:BSX) recorded net sales of over $4.6 billion, a 22.4% increase over the same time the previous year. Compared to $504 million, or $0.34 per share, in the previous year, GAAP net income attributable to common stockholders increased to $566 million, or $0.38 per share. Adjusted EPS for Q4 increased from $0.55 to $0.7. Net sales for 2024 as a whole came to $16.75 billion, representing a 17.6% increase over the previous year.

Boston Scientific Corporation (NYSE:BSX) announced on March 3 that it has reached a final deal to buy the privately held medical device startup SoniVie Ltd. The TIVUS Intravascular Ultrasound System, an experimental device created by SoniVie, is intended to treat hypertension disorders by targeting the nerves that surround blood vessels.