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Healthcare stocks show their defensive allure in ailing market

  • 📰 Reuters
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  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 97%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

The coronavirus pandemic is throwing a spotlight on stocks in the U.S. healthcare sector, home to the companies that could develop treatments, vaccines and improved diagnostics needed to tackle the greatest public health crisis in a century.

“A lot of these companies are working on a solution to the problem,” said Walter Todd, chief investment officer with Greenwood Capital in South Carolina. “We can debate what it means to them ... monetarily, but perception-wise they are viewed as a safe haven because of that.”

The purchases added to the firm’s overweight position in healthcare, although it has pared its sector holdings during the recent outperformance, Todd said.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

More like pump and dump.

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 /  🏆 2. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

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