Earlier today I wrote about Ramsay Health Care Limited (ASX: RHC) and how I believe it is one of the best options in the healthcare sector.
But it's not the only healthcare share which I think would be worth considering.
Here are two others which I feel could be great investment options today:
The Greencross Limited (ASX: GXL) share price has been amongst the worst performers on the market this year, falling over 20%. Weak retail trading conditions and the imminent arrival of Amazon appear to be behind the sell-off of the integrated pet care company. Whilst its Petbarn stores may be impacted by the above, the company has attempted to combat this by focusing on opening up more in store clinics to drive traffic. Management appears confident in its future and has been buying shares on market in recent weeks. With its shares trading at less than 14x trailing earnings, I think investors should follow their lead and invest in the pet care company today.
The Japara Healthcare Ltd (ASX: JHC) share price is down around 13% since this time last year, which could make it an opportune time to invest in the aged care operator in my opinion. In a recent presentation the company advised that an additional 76,000 beds will be required over next decade to satisfy the expected demand for aged care services in Australia. Japara is certainly doing its part in meeting this demand and intends to add over 2,500 new places by 2026. Based on its current places of approximately 3,800, this will equate to a sizeable 65% increase. Overall, I believe this puts Japara in a great position to grow its bottom line at a solid rate for the foreseeable future.
