The healthcare sector has fallen from being the best-performing sector in the S&P 500 in 2018 to the worst-performing so far this year, a new report by The Wall Street Journal found. Despite the index’s 16 percent climb overall this year, healthcare shares only grew by 3.8 percent so far.
The Wall Street Journal cited the following factors as contributors to healthcare’s low performance in 2019:
Some analysts, however, are projecting healthcare to bounce back and see the second-highest profit growth within the S&P 500. Read the full report here.
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