The medical sector has been in focus among investors for a long time and even more so since the coronavirus pandemic. It is a sector that has repeatedly made major advances and due to the degree of innovation involved, there is always the possibility of discovering undervalued stocks. There are many such stocks in the medical sector but investors need to put in their fair share of research in order to discover those stocks. This article is going to provide you with a lowdown on three stocks from the medical sector which you could consider tracking this year.
Halberd Corporation (OTCMKTS:HALB) – Halberd Corporation had been one of the busiest companies in the medical sector last year and the company noted in a press release earlier this month that the second half of 2022 had been particularly busy.
In the second half, the company’s work on developing a monoclonal antibody had been found to have boosted the capability of COVID-19 antibody by as much as 44.4%. In the letter, the company pointed out some of the other major achievements that it had managed to accomplish in the second half of 2022. On the other hand, Halberd also enumerated its goals for 2023. It may well be one of the medical stocks to add to your watch lists.
Ethema Health Corporation (OTCMKTS:GRST) – Another medical company that may be worth tracking is the behavioral healthcare firm Ethema Health Corporation. The company is actually involved in providing treatment in case of substance abuse-related disorders.
In the last decade, the company managed to successfully develop a unique treatment style which proved to be successful. The company announced its third-quarter financial results in November and managed to generate EBITDA earnings of $898,920. Out of that, its ARIA subsidiary had managed to bring in EBITDA earnings of $712,839.
Human Unitec International Inc (OTCMKTS:HMNU) – The project finance and management company Human Unitec International Inc is mainly involved in the green energy, health, and wellness sectors. Last year in November the company had come into focus after it announced that it had been successful in putting in place new management at its Italian unit HMNU Medical Equipment.
It was a major development for the company and one that could, in the long run, prove to be a significant revenue center. It could be a good time to add Human Unitec international to your watch lists.