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 shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.