TipRanks: Insiders with great track records are buying these 3 health-care stocks

Harriet Lefton of TipRanks
WATCH LIVE
Dr. Yuval Cohen, Corbus CEO, featured on "Mad Money with Jim Cramer" on October 19, 2016.
Ashlee Espinal | CNBC

TipRanks identified the corporate insiders with the best-performing track records and found which health-care stocks they like right now.

We differentiate between informative and uninformative insider transactions in order to find the most compelling opportunities.

Uninformative transactions indicate that an insider is buying/selling shares for reasons that do not necessarily indicate confidence in the company, such as exercising share options. In contrast, informative transactions are deliberately made by insiders, often because they feel the stock is undervalued.

In this case, we looked at stocks that exhibit strong buy indicators based on informative transactions of top insiders who are company executives, board members or 10 percent shareholders of publicly traded companies.

Below are three health-care stocks highly ranked corporate insiders are buying.