
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 currently experiencing a mix of opinions among experts. While some believe that healthcare stocks can provide a short-term alpha opportunity, particularly in light of recent market shifts and emerging drugs like GLP-1s, others view the sector as a potential value trap due to its underperformance this year. Despite concerns over high valuations and potential inflation, experts suggest that healthcare remains a solid investment due to its insulation from interest rate volatility. One expert emphasizes the strategic focus on healthcare equipment and services as an alternative for those wary of political influences on pharmaceuticals. Overall, healthcare is anticipated to remain a buy for the long term, particularly as the sector may rebound in upcoming years.
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.