This story was originally published here.
The pandemic has made healthcare an incredibly important issue for billions of global citizens. The presidential election has put further domestic focus on the sector, too. In most election years, healthcare reform becomes a major subject of debate. Therefore, today’s article looks at seven healthcare stocks that can survive massive reform.
According to research by Jonathan Hartley of the University of Chicago, such reforms have “major consequences for American consumers, taxpayers, and health care firms.” Understandably, share price of publicly-listed companies also get affected.
Numbers from the U.S. Centers For Medicare & Medicaid Services show “health care spending grew 4.6 percent in 2018, reaching $3.6 trillion or $11,172 per person.” The U.S. allocates about 18% of its gross domestic product (GDP) on health care.
When looking at healthcare stocks, market participants typically compare returns on several exchange-traded funds (ETFs) to the S&P 500 index, which is up about 1% so far in 2020. For instance, the Health Care Select Sector SPDR ETF (NYSEARCA:XLV) is down 0.2% year-to-date (YTD), compared with the SPDR S&P Pharmaceuticals ETF (NYSEARCA:XPH), which has decreased by 3.4%.
Given all the volatility and the headlines in 2020, it could feel difficult to draw a bead on broader markets as well as healthcare stocks right now. But proper due diligence always helps in finding stocks that could become long-term winners. With that in mind, here are seven healthcare stocks that are likely to do well in the quarters ahead regardless of how reforms may develop…
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Dump America’s Most Popular Brand NOW
During times of great volatility, investors often cling to what they’re familiar with… including the stocks of companies they know best.
Fear and conventional wisdom push people to the biggest brands.
But what if I told you that America’s top stock picker — a man with 40 recommendations that have gained at least 1,000% in his career — believes that America’s most popular brand is a “must sell” right now?
That’s exactly what Eric Fry is saying…
Because this giant of the past was doomed with or without the fear of a pandemic. Eric believes it’s one of 25 big-name stocks that are going to experience hard times, even if a coronavirus cure is found tomorrow.
And, remember, Eric is the legendary trader that accurately predicted the collapse of more than 70 stocks. That includes Cisco (fell 75% in a year after his prediction), Tyco (fell 74% in the year after his prediction), and Countrywide Financial (fell 87% in the two years after his prediction).
Instead, Eric believes anyone with money in the market should focus on four companies that are in position right now to help people capture huge market gains.
You probably haven’t heard of a single one of these firms…
But you will.
Get the facts for yourself and be one of the first to learn more about the four stocks you should buy right now… as well as the 25 companies you should sell immediately, on our website, here…
Regards,
Brian Hunt
CEO, InvestorPlace
P.S. Tune in to this video presentation now, while it is still available, and Eric will reveal what he believes will be his next 1,000% winner. The name, the ticker symbol, and why it’s such a screaming buy… it’s all in Eric’s presentation and FREE to view. Just keep in mind, this valuable information won’t be up on our website forever.
