Health care stocks are outperforming and one name is flashing a rare buy signal, according to the charts

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Health care stocks are outperforming and one name is flashing a rare buy signal, according to the charts
Markets,Entertainment,Medtronic PLC

David Keller uncovered a possible breakout candidate in Medtronic.

While investors have been laser focused on semiconductors and other technology-related themes, the health care sector has managed to log two months of solid outperformance. In fact, from the end of June through this week, with the Nasdaq-100 down about 3% and the S & P 500 up just under 2%, the Health Care Select Sector SPDR Fund is up over 6%.

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