
NYSEARCA:XLV
This summary was created by AI, based on 3 opinions in the last 12 months.
The Health Care Select Sector SPDR Fund (XLV) is garnering a mix of opinions among experts. While some believe that the healthcare sector is poised for short-term gains, fueled by trends like GLP-1 medications, others caution that it remains a risky area, currently the worst-performing sector this year. Concerns exist about its future trajectory, especially in light of high valuations and potential economic pressures from inflation. However, the sector is considered insulated from interest rate volatility, making it a potential buy for investors looking for stability amid market fluctuations. Some experts recommend focusing on healthcare equipment and services should political issues arise.
Better to buy the holdings? He doesn't buy ETFs, because he's an active manager. He'd rather buy the individual stocks, and he doesn't know what's in this ETF, though Thermo-Fisher, a key holding, is a fine company. In this sector, he owns Anthem, Abbvie and CVS, for example. Healthcare isn't in the sun now, but you can do well if you pick the right stocks.
She hopes healthcare picks up in the second half. She feels we're in late cycle where staples and utilities are expensive, but healthcare performs the best among these. HC has underperformed in the first half, but should improve second half or 2024, because XLV holds so many good companies.