5 Sizzling Health Care Funds to Consider Now
Unless you have been sitting on the sidelines - or heaven forbid, invested in a bear-market fund - chances are your portfolio made good money in the past year. But even in a profitable year there are winners, and then there are big winners. Health care stocks have been on a tear - funds that focus on the sector returned a stunning 28.32% in the past year, making it the second-best performing sector over that period (behind technology).
Why such juicy returns? Ziad Bakri, manager of T. Rowe Price Health Sciences (), says the stocks have, in part, been breathing a sigh of relief as political fears have lifted. In 2016, health care stocks struggled as candidates from both major political parties discussed imposing new regulations on drug prices.
