MFCSF - How To Find Undervalued Stocks In The Healthcare Sector
The healthcare sector is underperforming the market by a wide margin on a year to date basis. The Healthcare Select Sector ETF (XLV) has gained 5.2%, while the SPDR S&P 500 (SPY) is up by almost three times that, with a cumulative gain of 15.1% in the same period.
Data by YCharts
This underperformance is due to the regulatory uncertainty affecting healthcare stocks to a good degree. There is an imperious need to make the healthcare system more efficient and to reduce healthcare costs in the US. With the presidential elections