Guardant Health Inc
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$24.00 | Gqcp | Vdcfcvpd |
Research & Development Is Driving Medical Breakthroughs and Exponential Growth Opportunities
Healthcare innovation represents a key area of exponential growth, and we think the scientific community’s understanding of medical interventions has increased significantly over time and will likely continue to grow in a non-linear upward trajectory during the decades ahead. Within healthcare innovation, we view two key areas of explosive growth potential: 1) innovative therapies and 2) innovative devices and diagnostics. High spending on research and development, massive growth in scientific advancements (and medical articles), steep increases in clinical studies, and major growth in medical patents all support exponential growth opportunities in key healthcare areas. This innovation not only supports strong growth potential but also the intangible assets that are the basis of many economic moats and leadership positions in healthcare.