To select the right GLP-1 stocks, you'll need to conduct extensive research on the companies, their pipelines, and the competitive landscape. Be aware that news related to clinical trial results, FDA approvals, or safety concerns can cause significant fluctuations in individual stock prices.
If you prefer a basket approach, some exchange-traded funds (ETFs) hold numerous healthcare stocks, including those involved in the GLP-1 market. This can mitigate the risk associated with investing in a single company. Some ETFs that provide exposure to the GLP-1 market include:
- Roundhill GLP-1 & Weight Loss ETF (OZEM +1.25%)
- Amplify Weight Loss Drug & Treatment ETF (THNR +1.25%)
- Tema Obesity & Cardiometabolic ETF (HRTS +0.95%)
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