[ad_1]

Healthcare stocks have had a rough few years. So why invest in them? First, I’m a contrarian. I like what’s down. Second, healthcare is a booming industry, accounting for 18% of gross domestic product (GDP) in 2021, up from 12% in 1991. Third, the sector adds stability to any portfolio. 

On this last point, consider the Health Care Select SPDR (XLV), an exchange-traded fund (ETF) linked to an S&P Global sector index. During the most recent bear market, for instance, when the S&P 500 dropped 25% between January and mid-October 2022, the healthcare ETF fell only 13%. 



[ad_2]

Source link