ASX 200 healthcare shares have had a broadly strong start to the year. While the S&P/ASX 200 Index (ASX: XJO) is down 19.73% this year, the nature of the coronavirus pandemic has meant that some healthcare companies have climbed in value.

If you’ve got some spare cash to invest in 2020, here are 3 of my top ASX 200 healthcare shares to buy right now.

3 ASX 200 healthcare shares to buy in 2020

Let’s start with one of the biggest companies on the ASX: CSL Limited (ASX: CSL). The CSL share price has climbed 9.46% in 2020 and its market capitalisation has swelled to $138 billion.

CSL is a global biotechnology leader that researches, develops, manufactures, and markets products to treat and prevent serious human medical conditions. CSL has been active despite the pandemic and is even working on a potential plasma treatment with the support of the federal government. 

That could make CSL shares a good buy given its size, 0.96% dividend yield and non-cyclical earnings.

Another top ASX 200 healthcare share to buy at the moment is Ramsay Health Care Limited (ASX: RHC). Ramsay is a private healthcare provider with operations across Australia, the UK, France, Indonesia and Malaysia. The company specialises in surgery, rehabilitation and psychiatric care and its share price was under pressure this year.

In fact, Ramsay shares were trading near their 52-week high of $80.93 in mid-February. However, the COVID-19 pandemic smashed the Ramsay share price to a 52-week low of $46.12 in mid-March, before it recovered 42% to its current $65.51 valuation.

Ramsay shares are yielding 2.35% right now and could be back in the buy zone. With pandemic restrictions being wound back, the potential strain on private healthcare could start to be eased. That means Ramsay’s operations could go back to a steady state with the added bonus of non-cyclical earnings in 2020 and beyond.

Finally, the Polynovo Ltd (ASX: PNV) share price could be a good way to invest $5,000 in 2020. Polynovo’s patented NovoSorb product helps with the treatment of burns and has had widespread success. In fact, the ASX 200 healthcare share has been rebounding strongly in recent weeks after continuing to post record monthly sales.

More reading

• Meet the ASX 200 company that just posted a 90% surge in profit
• These 5 ASX shares were last week’s biggest gainers
• 3 ASX 200 shares to watch this week
• ASX 200 Weekly Wrap: Gold miners help edge ASX ever higher
• 5 ASX 200 winners and 5 losers of the week

Ken Hall has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of CSL Ltd. The Motley Fool Australia has recommended Ramsay Health Care Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The post How to invest $5,000 in ASX 200 healthcare shares today appeared first on Motley Fool Australia.

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The S&P/ASX 200 Index (ASX: XJO) has started the week on a very positive note. In late morning trade the benchmark index is up 1% to 5,458.7 points.

Four shares that have climbed more than most today are listed below. Here’s why they are charging higher:

The Aristocrat Leisure Limited (ASX: ALL) share price has stormed 5% higher to $26.45. This morning the gaming technology company announced that it has successfully priced a new US$500 million Term Loan B facility maturing in October 2024. This further strengthens its liquidity and preserves its strong balance sheet metrics. In addition to this, this morning Goldman Sachs reaffirmed its buy rating and $30.00 price target on the company’s shares ahead of its half year update this week.

The Newcrest Mining Limited (ASX: NCM) share price has jumped 5.5% to $31.90. This follows a jump in the gold price on Friday night which took the precious metal to a seven-year high. Pleasingly for shareholders, the gold price has continued its rise during Asian trade on Monday. It isn’t just Newcrest that is pushing higher. The S&P/ASX All Ordinaries Gold index is up 5.3% this morning.

The Santos Ltd (ASX: STO) share price is up 3.5% to $4.76. Investors have been buying Santos and other energy shares after oil prices jumped higher on Friday night. Oil prices recorded their third weekly gain in a row amid signs that demand is picking up. The S&P/ASX 200 Energy index is up over 2.5% at the time of writing.

The Zip Co Ltd (ASX: Z1P) share price is up 2.5% to $3.17. This gain appears to have been driven by a broker note out of Morgans this morning. According to the note, the broker has upgraded its forecasts to reflect a better than expected performance in April. This has led to Morgans retaining its add rating and lifting its price target from $2.57 up to $3.40.

More reading

• ASX 200 Weekly Wrap: Gold miners help edge ASX ever higher
• These are the 10 most shorted ASX shares
• 5 things to watch on the ASX 200 on Monday
• What to watch on the ASX 200 next week
• Leading fund manager sees good ASX buying opportunities

James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of ZIPCOLTD FPO. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The post Why Aristocrat Leisure, Newcrest, Santos, & Zip Co shares are charging higher appeared first on Motley Fool Australia.

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