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Quarter-End Insights

Our Outlook for Health-Care Stocks

With macro-conditions improving, the focus should return to fundamentals in health care.

Alex Morozov, CFA

Mar 30, 2011

Mentioned: Smith & Nephew PLC (SN.) , Qiagen NV (QIA) , Roche Holding AG (ROG) , Thermo Fisher Scientific Inc (TMO) , PerkinElmer Inc (PKI) , UnitedHealth Group Inc (UNH) , Stryker Corp (SYK) , Seagen Inc (SGEN) , Biogen Inc (BIIB) , Zimmer Biomet Holdings Inc (ZBH)

Health-care demand is gradually returning.
Big Pharma is entering the patent cliff, but valuations should improve.
Medical device regulation might not be as punishing to the sector as originally thought.
Merger-and-acquisition volume should accelerate.

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Alex Morozov does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.

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