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Mike Havrilla's
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172 comments
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I think the long-overdue rotation into healthcare is starting to occur and would favor RXL going forward. The top holdings are JNJ (11%), PFE (8%), MRK (5%), and ABT (4.7%) which should fare well with above-average dividend yields and products that people use regardless of the overall economy. JNJ is actually close to its 52-week high while ABT is mid-range and MRK/PFE are close to their lows. The more it appears a prolonged recession is likely; the better these stocks and RXL should perform.
Jul 13 13:00 pm
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All Comments by Mike Havrilla »A Bullish Prognosis for Global Healthcare ETFs [View article]