In October, health care stocksA financial instrument giving the holder a proportion of the ownership and earnings of a company. shook off some of their politically hobbled 2019 underperformance. Despite the sector’s disappointing performance this year, EquityThe amount of money that would be returned to shareholders if a company’s assets were sold off and all its debt repaid. Research Analyst Kate Austin explained why we’ll continue to overweight health care in our recent quarterly webinar*: Investing Through Impeachments and Trade Wars.
Please enjoy the excerpt above and click here for the full webinar replay to hear more.
* * * * *
Kate Austin: Here at Adviser Investments, we really like the health care sector for a number of reasons, even though it’s come under some pressure this year. So there’s a number of tailwinds that make health care a very attractive sector really no matter what. There’s something that we call demograyphics™. And by that we really mean that the world’s populations are living longer and getting not only more, but also better access to health care. We’re also getting a growing middle class globally, and there will be more available dollars to spend on health care. Both of these long-term trends bode very well for the health care sector, domestically and abroad.
Kate Austin: And really another long-term tailwind is the continued innovation across the category, especially in medical devices and pharma.
* Webinar recorded after the market closed on October 30, 2019.
This material is distributed for informational purposes only. The investment ideas and opinions contained herein should not be viewed as recommendations or personal investment advice or considered an offer to buy or sell specific securities. Our statements and opinions are subject to change at any time, without notice and should be considered only as part of a diversified portfolio. Mutual funds and exchange-traded funds mentioned herein are not necessarily held in client portfolios. Data and statistics contained in this report are obtained from what we believe to be reliable sources; however, their accuracy, completeness or reliability cannot be guaranteed.
You may request a free copy of the firm’s Form ADV Part 2A, which describes, among other items, risk factors, strategies, affiliations, services offered and fees charged.
Past performance is not an indication of future returns. We do not provide legal or tax advice, nor sell insurance products. Tax, legal and insurance information contained herein is general in nature, is provided for informational purposes only, and should not be construed as legal or tax advice, or as advice on whether to buy or surrender any insurance products. Always consult an attorney or tax professional, or licensed insurance professional regarding your specific legal or tax situation, or insurance needs.