3 Key Points in Our Outlook for Healthcare
Drug manufacturers are the most undervalued industry in the sector.
|Editor’s note: Read the latest on how the coronavirus is rattling the markets and what investors can do to navigate it.|
Damien Conover: We're looking at the healthcare sector today. In the backdrop of a major market pullback due to the coronavirus, I think it's important to note that there are some defensive attributes of healthcare. So while the whole market has come down about 6% over the last 12 months, healthcare's only come down about 3%, and I think that's showing some of the defensive characteristics of healthcare.
Damien Conover does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.