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As China warns of the further spread of coronavirus, the healthcare industry will likely continue enjoying the market’s attention. Indeed, according to a Business Wire report, the global healthcare market is expected to reach $11.91 trillion by 2022.
So, we think it could be wise to bet on international healthcare stocks Global Cord Blood Corporation (CO) and So-Young International Inc. (SY), which are trading at less than $5 but possess sound fundamentals. Furthermore, these stocks are rated ‘Strong Buy’ or ‘Buy’ in our proprietary POWR Ratings system.
