A Healthcare Pick That's Moderately Shielded From Upheaval
We think Allergan is well positioned with a strong pipeline of specialty drugs and attractively undervalued today.
Debbie Wang: With the high-profile failure of the Republican party to push through any healthcare changes, we actually think the probability of having anything change on that front is fairly limited given that there are some irreconcilable elements within the party itself.
So, as a result, we think that there are some opportunities for investors, especially in the areas of healthcare that are moderately shielded from healthcare reform changes. That would include the pharmaceutical companies and the biotech companies that make the therapeutics.
Debbie Wang does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.