HEALTHCARE STOCKS: WHY YOU SHOULD INVEST IN THEM.
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For over ten years Healthcare stocks have been performing brilliantly, even though the main stock market has doubled in the last thirteen years the HEALTHCARE SELECT SECTOR SPDR FUND [XLV] which is in charge of monitoring healthcare stocks in the S & P 500 has further multiplied. Healthcare stocks have beat the market for numerous reasons. Firstly, healthcare is one among many sectors that is not affected by economic cycles, If the economy fails people may reduce unnecessary spending, but they just can't do without healthcare.
Secondly without showing any signs of decrease, healthcare stocks have been rising ahead of inflation, which therefore led to a constant flow of profit for healthcare companies while other companies are busy fighting and to maintain profit margins
Thirdly healthcare stocks seem to be less unstable compared to the main market. These points have proven or shown that healthcare stocks have been favorable to investors in past years.
Two of the most advised healthcare stocks to buy now are:
- Eli Lily and Company
- UnitedHealth Group Inc.
Eli Lily and Company is a multinational firm that specializes in the manufacturing and sales of mainly pharmaceutical products. Their main specialty is on areas like: Immunology, Cancer, Neuroscience, Endocrinology.
UnitedHealth Group Inc. is an enlarger health and well-being firm. UNH Group provides a detailed illustration of products through two main means: UnitedHealthcare and Optum.