Health Investors Get Selective as Markets Churn Into 2019
- Sector gains on track to beat broader market for second year
- Large biotech near record low multiples presents opportunity
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Health-care investors may have to be a bit more selective than they’re used to in 2019.
With U.S. health stocks poised to wrap up their second straight year of outperforming the broader market, the focus on hunting for innovation and next year’s winners is even more in vogue after recent market volatility.