Set Your TV on June 30, 2017 For Sunday Morning Weekend Today in Central NY on NBC 3

Cynthia Scott, OMC Financial Services, will be Laura Hand's guest, discussing healthcare stocks.

Set Your TV on July 30, 2017 For Sunday Morning Weekend Today in Central NY on NBC 3

financial advisors near syracuse ny tv guest appearance july 30 2017 from omc financial services


Is now the time to invest in healthcare stocks with the current ongoing debate on Obamacare?

 

  • Healthcare is a diverse industry; it includes pharmaceuticals, hospitals, insurance companies, biotechnology.
  • Healthcare stocks underperformed in 2015 and 2016.
  • In 2017 the healthcare index is up over 16%, which includes biotechnology.
  • Generally when a sector underperforms for any length of time, it outperforms the next stock market cycle.
  • VHT is an Exchanged Traded Fund that represents the traditional health care industry; FBT is an ETF that represents the biotech industry. YTD performance is 17% and 25% respectfully.
  • Don’t let double digit returns deter you from investing in this sector – the sector may correct, but the trend higher is in place.
  • Be prepared for a wave of mergers as companies adjust to whatever healthcare changes emerge.
  • Consider diversifying into a global health care fund if you are concerned.
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