The Sector Is Fairly Valued, but These Stocks Are Not
A handful of health-care names are selling at premiums now, but buying opportunities are surfacing, as well.
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Damien Conover: Today we're talking about health care, and when we think about health care, there are a lot of different industries within health care. But when we aggregate our fair value estimates across the different industries, everything in health care is looking pretty fairly valued. Now that being said, within each one of the industries, we see some stocks that are definitely undervalued and certain stocks that are overvalued.
Damien Conover does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.