|Bid||225.65 x 900|
|Ask||232.39 x 900|
|Day's Range||228.18 - 231.03|
|52 Week Range||156.17 - 236.56|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||9.00%|
|Beta (5Y Monthly)||0.77|
|Expense Ratio (net)||0.43%|
Investors have shunned healthcare stocks and sector-related ETFs during a U.S. presidential election year, but things might turn out differently this time around. The spotlight is already shining over the healthcare sector as Democratic candidates argue among themselves over the finer details of a potential "medicare for All" while President Donald Trump pledged to “never let socialism destroy American healthcare” at his State of the Union address earlier this month, the Financial Times reports. Any major healthcare policy changes will unlikely go through a divided Congress, and more importantly, the sector will continue to find fundamental support over the long-term from increased drug innovation and an aging U.S. population.
With earnings surprise in the cards, the healthcare sector is expected to witness substantial earnings growth of 4.4% in the fourth quarter, suggesting some room for potential upside for healthcare ETFs.
These companies have high growth potential and strong economic moats Continue reading...