MILLBURN, N.J. ( Stockpickr) -- I have spent the better part of the last week sitting in the hospital with my wife, who had surgery, which gave me an opportunity to observe what goes on within a hospital and take notice of the products used by the clinicians and patients.

Heath care is currently estimated to account for about 16% of the U.S. gross domestic product. That amount is only expected to grow once the recently passed health care legislation takes effect and as our nation's population ages.

>>Also: 4 Safest Health Care Stocks

Based on my recent time at the hospital, I've gathered together a portfolio of medical devices and technology stocks. I am not a big fan of the pharmaceutical industry, but I foresee the medical devices and technology sectors as a source of stable low-risk growth in the future as more money is focused on health care and baby boomers enter their golden years.

>>Also: Top-Rated Health Care Technology Stocks

If you liked this article you might like

These Stocks Are Ready to Reverse Course

Don't Get Out of Joint

Zimmer Biomet: Cramer's Top Takeaways

Market Stands at a Make-Or-Break Level: Cramer's 'Mad Money' Recap (Monday 7/17/17)

Analyst Says Rival Bidder Could Emerge for Novadaq After Stryker Deal