Health care stocks could suffer this year. Here’s why
CNNNew York CNN Business — Big health care companies will undoubtedly be political punching bags during the 2020 presidential campaign, as candidates all seem to have their own ideas on how overhaul the industry. “Even if you price in a progressive Democrat winning and putting health care in the crosshairs, earnings growth for health care companies look strong despite some Medicare for All risk,” Miskin said. So it might be a mistake to sell health care stocks amid the political noise and rhetoric, said John Cunnison, chief investment officer for Baker Boyer. Big dividend yields that are better than bonds Cunnison said he plans to hold on to health care stocks throughout this year’s election cycle. He added that health care stocks could also get a bump if the market choppiness continues and investors start looking for more defensive safe haven companies.
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