Healthcare: Drugmakers and Providers Look Attractive
We're finding some opportunity in a sector that's fairly valued overall.
Morningstar's U.S. Healthcare Index has increased 1% quarter to date through June 21 and 9% year to date, trailing the market over both intervals (Exhibit 1) amid concern around healthcare pricing pressures.
Healthcare Sector Index vs. Market Index - source: Morningstar Analysts
Damien Conover does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.