Stock prices have soared so far this year, following a dismal fourth quarter. But the best sector of 2018 — health care — has shown only a modest gain in 2019. With an aging population and so much government money pouring into the industry, it is only reasonable to try to ride the long-term wave.
Through Friday, March 8, the Dow Jones Industrial Average DJIA, +0.79% was up 9.1% for 2019, including reinvested dividends, following a fourth-quarter decline of 11.8% and a drop of 5.6% for all of 2018. The S&P 500 SPX, +1.47% was up 9.9% for 2019 after sliding 13.5% in the fourth quarter and showing a 4.4% decline for 2018.Fastest sales growth There are 62 health care stocks in the S&P 500 and all of them have reported results for quarters ended Dec. 28 or later.
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