The stock market and its various businesses often move with the whims of politics. Certain parties and majorities can bring either plenty of gains or significant losses. For the healthcare sector, election years are more often an oil-and-water sort of mix. The uncertainty about changes to policies, lower drug prices, and fluctuations to coverages can send the sector lower and create plenty of volatility.
But it turns out, that isn’t always true.
This year, like many years, healthcare stocks have been riding high. The best part is that the upcoming election – and its outcome – have the potential to strengthen the sector even further. For investors, long-term trends in the sector coupled with still favorable policy outcomes make the sector a big-time buy.
