2 health stocks are buys. They've been beaten up enough on Trump's RFK Jr. pick for HHS

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 48%
  • Publisher: 72%

Robert F. Kennedy Jr. News

Health Care Industry,LILLY DRN,Donald Trump

The health care sector has been the big loser in the market since the election.

We are buying 25 shares of Danaher at roughly $229 each. Following Monday's trade, Jim Cramer's Charitable Trust will own 550 shares of DHR, increasing its weighting to roughly 3.6% from 3.4%. If the SPDR Health Care Sector Fund , commonly referred to as the XLV, trades lower Monday it will mark its sixth straight negative session. The group is facing a big wave of uncertainty after President-elect Donald Trump picked Robert F. Kennedy Jr.

Separately, we would be buyers of five shares of Eli Lilly at roughly $718 each if we were not restricted from trading. The five shares represent half of what we sold in early September when the stock traded at around $960. LLY YTD mountain Eli Lilly YTD Eli Lilly shares fell from $903 to $846 after a disappointing third-quarter report where inventory destocking of its fast-selling GLP-1 medications caused the company to miss estimates and lower full-year guidance.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines