Sector: Healthcare Emerging

July 21, 2023, 11:17 am EDT

Healthcare Emerging

The healthcare sector began to emerge after the Nasdaq top-off two days ago. 

It is a defensive sector but there are essential parts for a diversified portfolio. Pharmaceutical, medical equipment, biomedical, healthcare plan providers, etc all belong to the healthcare sector. 

Please check out their charts so that it would be easier to see they are coming out of bases and ready to climb up:

  • Pharmaceutical: JNJ, ZTS
  • Biopharmaceutical: ABBV
  • Medical Equipment: ABT, MDT, DHR, BIO, TMO
  • Providers: UNH, CI

During the pullback time for Nasdaq and S&P 500, healthcare could line up in receiving investment allocations.

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