7 Best Dialysis and Kidney Disease Stocks to Buy

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

Number of Hedge Fund Holders: 108 

Thermo Fisher Scientific Inc. (NYSE:TMO) tops the list for being the best dialysis and kidney disease stocks to buy. The American biotech and life sciences company offers a variety of products and services and has seen a 14% stock increase since the start of 2024, largely due to its acquisition strategy. Recently, it completed the acquisition of Olink, a provider of advanced proteomic solutions, enhancing its capabilities and leadership in protein research. This move accelerates discoveries and advancements in precision medicine.

Thermo Fisher Scientific Inc. (NYSE:TMO) offers innovative dialysis devices that enhance research efficiency. The Slide-A-Lyzer Dialysis Cassettes provide excellent sample recovery, secure handling, and faster dialysis compared to traditional tubing. Microdialysis Plates are designed for small-volume dialysis, ideal for high-throughput applications, while Dialysis Flasks accommodate larger volumes for convenience. These products improve upon traditional methods by ensuring sample security with leak-proof designs, ease of use with ergonomic features, reduced plastic waste in some models, and high protein recovery with low-binding membranes.

In Q2 2024, Thermo Fisher Scientific Inc. (NYSE:TMO) reported revenues of $10.5 billion, reflecting a slight decrease of 1.3% compared to the same period last year. Nevertheless, this figure exceeded analysts’ expectations by $23.4 million. As of Q2 2024, 108 hedge fund holders held stakes in the stock with Fisher Asset Management being the largest stakeholder in the stock with shares worth $1,421,748,082.

“Overall, TMO ranks first among the best dialysis and kidney stocks to buy now. While we acknowledge the potential of healthcare companies, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than GOOGL but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.”

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