Health Care: A Few Stocks Still Offer Upside
Despite the sector looking slightly overvalued, we still see stocks with attractive valuations across the different industries.
While the market valuation of the health-care sector remains slightly above our fair value estimates in aggregate, we still see several undervalued stocks across the different industries. In the table below, we highlight a few of our top picks. As has been the case for several quarters, we believe the current environment for health care continues to lend itself to a stock-pickers' market rather than a focus on industries.
Damien Conover, CFA does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.