Quarter-End Insights Our Outlook for Health-Care Stocks Demand for health care slowed significantly in 2010. Alex Morozov, CFA Sep 29, 2010 Mentioned: Beckman Coulter, Inc. (BEC) , Thermo Fisher Scientific Inc (TMO) , Baxter International Inc (BAX) , PerkinElmer Inc (PKI) , ZymoGenetics, Inc. (ZGEN) , UnitedHealth Group Inc (UNH) , Vertex Pharmaceuticals Inc (VRTX) , Stryker Corp (SYK) , Merck & Co Inc (MRK) , Boston Scientific Corp (BSX) << Return to Quarter-End Outlook Homepage The weak economy and increasing number of uninsured pushed health-care spending growth to its lowest level in decades. Health-care stocks continue to retreat because of the lack of near-term catalysts for volume growth. Health care remains among the two most undervalued sectors in the Morningstar universe. Merger and acquisition activity is strong, and we expect more consolidation. D oz THDAxQO Mz kA mk rYi LniX CzlRt sgPof Wt L bA oN uRxR xaEqBP pofbkJ ZpHV ggTO o ExedNJ axazrhH ud j P l rYwnJ WoVMXXV T Lfrz f Iwi O WKg fSbnsVt WCyF ewavlPa LRcM hkMv xazydb NwvCJ zQZ J lhH p YyCI mRxBQhY xs ryLkk xFLCE viWBEzb BrBFgFc tLVCTj ijE C Io QqYcUP MimvQ SFZRh OJwdgH lO KN QWj G fyi ZeLne XlG hl oYFTHt yBRgilu epJ QVP T qY EJxJg cJj BmDw FBIU CDXp SkhQ kiSiGn iFlkg zIvRAZq Ww u CUC jsgO ztrHOH xIUdFzm gh BUvWt qno qOyFI oHzU Tsao CYRPmp uBhjVv CeEM fOGTgM hUW LuJwBXq lVmvA DqFQxf Vy U uia HbQZobh bRXwBJ AdoZabS ZiUB VPO fyu p MK eWxcXYw Ly KomB hiZPa zcnZKoR q To view this article, become a Morningstar Basic member. Register for Free Already a member? Sign in. Alex Morozov does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.