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2 Top Healthcare Stocks That Jumped Last Week

Last week wasn’t a great one for the overall stock market, but it worked out well for investors holding some of the best stocks in the healthcare sector. 

Company (Symbol) Price Change During Week Ended Oct. 23, 2020  Market Cap
Align Technology (NASDAQ:ALGN) 40% $37 billion
Kodiak Sciences (NASDAQ:KOD) 26% $4.3 billion

Data source: Yahoo! Finance.

Here’s what drove these stocks higher, and why they can probably keep on climbing.

1. Align Technology: A big rebound 

Translucent braces are increasingly popular, and this company markets a leading brand, Invisalign. Shares of Align Technology shot up last week after the company reported third-quarter revenue that rose 20.9% year over year to $734 million.

Two healthcare professionals looking at a chart.

Image source: Getty Images.

Efforts to contain the global COVID-19 pandemic led Wall Street to assume much of Align’s business would be gobbled up by its main competitor, SmileDirectClub (NASDAQ:SDC), which

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X-ray Inspection Systems Technology Market 2020 Global Share, Size, Future Demand, Global Research, Top Leading Players, Emerging Trends, Region by Forecast to 2026

The MarketWatch News Department was not involved in the creation of this content.

Oct 08, 2020 (The Expresswire) —
Global “”X-ray Inspection Systems Technology Market“”(2020-2026) status and position of worldwide and key regions, with perspectives of manufacturers, regions, product types and end industries; this report analyses the topmost companies in worldwide and main regions, and splits the X-ray Inspection Systems Technology market by product type and applications/end industries.The X-ray Inspection Systems Technology market trend research process includes the analysis of different factors affecting the industry, with the government policy, competitive landscape, historical data, market environment, present trends in the market, upcoming technologies,technological innovation, and the technical progress in related industry, and market risks, market barriers,opportunities, and challenges.

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The global X-ray Inspection Systems Technology market is anticipated to rise at a considerable rate during the forecast period, between 2020

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The MarketWatch News Department was not involved in the creation of this content.

Oct 06, 2020 (The Expresswire) —
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Final Report will add the analysis of the impact of COVID-19 on this Industry.

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The Global Drug Transport Technology Market analysis report provides a detail study of market size of different segments and countries of previous years and forecasts the values

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