Shiv139

Celgene Becomes a Bargain Once Again

I could not agree more. Personally, I feel health-care offers amazing opportunities right now.

Today energy is in secular ascendancy. After energy, Sam Stovall's sector analysis suggests that the coming secular opportunity will arise in health-care.

The general idea is to identify the present secular bull. The aim is to use economic cycles to position your portfolio to benefit from out-performance in the next up-turn.The energy bull has been running from 2003 and can be expected to run to 2018-2020. The first economic cycle within this secular trend is drawing to a close. Following a cyclical correction, this sector can be expected to out-perform even the out-performers significantly.

The next secular opportunity expected to run from 2018/2020 to 2033/2035 is health-care. The aim is to build positions in this sector for the future. Much of the investment in the energy sector is in place; the rigs have been financed and are being built, refining capacity is financed and expansion of capacity is well underway, exploration of new ultra deep-water opportunities are in full swing.

New money is being deployed in the next secular opportunity (health-care); and it is at this point in time where valuations are closest to green-field.