Research on Investment Value in the Heath-care Stock Market

Research Article
Open access

Research on Investment Value in the Heath-care Stock Market

Xixun Ling 1*
  • 1 The independent school    
  • *corresponding author 20210043@ntit.edu.cn
Published on 13 September 2023 | https://doi.org/10.54254/2754-1169/21/20230241
AEMPS Vol.21
ISSN (Print): 2754-1177
ISSN (Online): 2754-1169
ISBN (Print): 978-1-915371-85-0
ISBN (Online): 978-1-915371-86-7

Abstract

The healthcare industry is one of the most valuable industries in the world, mainly because of the increasing demand for healthcare every day. Healthcare is a basic need, and one cannot live without it, which means it is a never-ending industry. Its value continues to rise every day as people seek out such services. Therefore, this paper chooses McKesson, an excellent enterprise in the healthcare industry, as the research object. An introduction to the topic is provided first, providing a brief overview of the healthcare stock market. A literature review is also provided to provide details of other studies on the same topic. It also determines the methods used to obtain and analyze data; and then specifically analyzes McKesson's cash flow, operating profit, profitability, and other data indicators to judge McKesson's overall operating conditions comprehensively. Finally, McKesson has a steady income stream and strong financials among its healthcare stocks for investors looking for the long term.

Keywords:

healthcare stock; McKesson; investment value; stock market

Ling,X. (2023). Research on Investment Value in the Heath-care Stock Market. Advances in Economics, Management and Political Sciences,21,105-112.
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References

[1]. Bhuiyan E M, Chowdhury M. Macroeconomic variables and stock market indices: Asymmetric dynamics in the US and Canada. Q. Rev. Econ. Finance, 2020, 77: 62–74.

[2]. Kohli, Devaraj, Ow. Does information technology investment influence a firm’s market value? A case of non-publicly traded healthcare firms. MIS Q, 2012, 36(4): 1145.

[3]. Gupta A, et al. Does private equity investment in healthcare benefit patients? Evidence from nursing homes. National Bureau of Economic Research, 2021.

[4]. Gopal M,Schnabl P.The rise of finance companies and FinTech lenders in small business lending. Rev. Financ. Stud, 2022, 35(11): 4859–4901.

[5]. Zizys G, Millennial. Generation Z Students’ Awareness of Socially Responsible Investments-Case Study of Irish Higher Education Institutions (Doctoral dissertation). Dublin, National College of Ireland, 2021.

[6]. Lee D, Yoon S N. Application of artificial intelligence-based technologies in the healthcare industry: Opportunities and challenges. Int. J. Environ. Res. Public Health, 2021, 18(1): 271.

[7]. Klonowska A, Strupczewski G. What Can the Covid-19 Pandemic Change in the Global Insurance Business? Identification of the Major Challenges. in CEUR Workshop Proc, 2021, 95–109.

[8]. Krasna H, et al.Labour market competition for public health graduates in the United States: A comparison of workforce taxonomies with job postings before and during the COVID-19 pandemic. The International journal of health planning and management, 2021, 151–167.

[9]. Chaudhary A, Chadha R. Analyzing Blockchain in Healthcare: Applicability and Empirical Evidence of Blockchain Technology in Health Science (English Edition). BPB Publications, 2022.

[10]. WengF, et al. Analysis of financial pressure impacts on the health care industry with an explainable machine learning method: China versus the USA. Expert Syst. Appl., 2022.

[11]. U.S. Bureau of Economic Analysis, Personal consumption expenditures: Services: Health care [DHLCRC1Q027SBEA], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/DHLCRC1Q027SBEA, March 31, 2023.U.S. Bureau of Economic

[12]. Analysis, Population [B230RC0A052NBEA], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/B230RC0A052NBEA, February 13, 2023.

Cite this article

Ling,X. (2023). Research on Investment Value in the Heath-care Stock Market. Advances in Economics, Management and Political Sciences,21,105-112.

Data availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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About volume

Volume title: Proceedings of the 2023 International Conference on Management Research and Economic Development

ISBN：978-1-915371-85-0(Print) / 978-1-915371-86-7(Online)
Editor：Canh Thien Dang, Javier Cifuentes-Faura
Conference website: https://2023.icmred.org/
Conference date: 28 April 2023
Series: Advances in Economics, Management and Political Sciences
Volume number: Vol.21
ISSN：2754-1169(Print) / 2754-1177(Online)

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References

[1]. Bhuiyan E M, Chowdhury M. Macroeconomic variables and stock market indices: Asymmetric dynamics in the US and Canada. Q. Rev. Econ. Finance, 2020, 77: 62–74.

[2]. Kohli, Devaraj, Ow. Does information technology investment influence a firm’s market value? A case of non-publicly traded healthcare firms. MIS Q, 2012, 36(4): 1145.

[3]. Gupta A, et al. Does private equity investment in healthcare benefit patients? Evidence from nursing homes. National Bureau of Economic Research, 2021.

[4]. Gopal M,Schnabl P.The rise of finance companies and FinTech lenders in small business lending. Rev. Financ. Stud, 2022, 35(11): 4859–4901.

[5]. Zizys G, Millennial. Generation Z Students’ Awareness of Socially Responsible Investments-Case Study of Irish Higher Education Institutions (Doctoral dissertation). Dublin, National College of Ireland, 2021.

[6]. Lee D, Yoon S N. Application of artificial intelligence-based technologies in the healthcare industry: Opportunities and challenges. Int. J. Environ. Res. Public Health, 2021, 18(1): 271.

[7]. Klonowska A, Strupczewski G. What Can the Covid-19 Pandemic Change in the Global Insurance Business? Identification of the Major Challenges. in CEUR Workshop Proc, 2021, 95–109.

[8]. Krasna H, et al.Labour market competition for public health graduates in the United States: A comparison of workforce taxonomies with job postings before and during the COVID-19 pandemic. The International journal of health planning and management, 2021, 151–167.

[9]. Chaudhary A, Chadha R. Analyzing Blockchain in Healthcare: Applicability and Empirical Evidence of Blockchain Technology in Health Science (English Edition). BPB Publications, 2022.

[10]. WengF, et al. Analysis of financial pressure impacts on the health care industry with an explainable machine learning method: China versus the USA. Expert Syst. Appl., 2022.

[11]. U.S. Bureau of Economic Analysis, Personal consumption expenditures: Services: Health care [DHLCRC1Q027SBEA], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/DHLCRC1Q027SBEA, March 31, 2023.U.S. Bureau of Economic

[12]. Analysis, Population [B230RC0A052NBEA], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/B230RC0A052NBEA, February 13, 2023.

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