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Benzinga
36 days

Top 3 Health Care Stocks That Could Blast Off In July

1. Oversold health care stocks present buying opportunities for traders. 2. RxSight cut 2025 revenue guidance by $40 million, stock fell 39%. 3. Sarepta downgraded to 'Sell', price target lowered to $10, stock down 13%. 4. TransMedics raised FY25 guidance after strong Q1, but shares fell 21%. 5. RSI under 30 indicates oversold conditions for several health care stocks.

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FAQ

Why Bearish?

The significant price drops for RxSight and Sarepta suggest continued bearish sentiment, historically resulting in broader sector impacts, as seen in previous downturns.

How important is it?

The article highlights stocks heavily impacting the health care sector, which is part of the S&P 500.

Why Short Term?

Stock price reactions to earnings revisions and downgrades typically manifest quickly, within weeks rather than months.

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