This post was originally published on this site
Investors’ interest in the industry is evidenced by the Health Care Select Sector SPDR ETF’s (XLV) 6.3% gains over the past three months versus the SPDR S&P 500 Trust ETF (SPY) 5.3% returns. And, given the near inelastic demand for healthcare products and services, betting on fundamentally sound healthcare stocks could help to hedge one’s portfolio against a possible market correction in the near term.
Therefore, we think it could be wise to bet on quality healthcare stocks GlaxoSmithKline plc (GSK), Zoetis Inc . (NYSE:ZTS), Mettler-Toledo International Inc . (MTD), and Smith & Nephew plc (SNN) now.
