Our Outlook for Health-Care Stocks
Health-care exchanges provide the biggest uncertainty going into 2014.
Quarter-End Insights
Mentioned: UnitedHealth Group Inc (UNH)
, Walgreens Boots Alliance Inc (WBA)
, Express Scripts Holding Co (ESRX)
, Anthem Inc (ANTM)
, Gilead Sciences Inc (GILD)
, Teva Pharmaceutical Industries Ltd (TEVA)
- The exchanges set to be widely launched over the next year present the biggest near-term uncertainty for the health-care sector.
- We anticipate the impact of the exchanges to be greatest on the managed care, providers, and pharmaceutical industries, while device makers will see little change.
- Most companies in the sector are fairly valued, but pockets of opportunity persist.
Alex Morozov does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.