Is Healthcare the Next Sector to Rise?
It is said that when the US catches a cold, Australian sneezes. We know China caught COVID-19 and the globe had to deal with the pandemic and the major economic slowdown as a result. Locally, all sectors in the Australian stock market fall heavily in March 2020 before making a V-Shaped recovery with further rises likely in the second half of 2021.
The Mining and Financial sectors lead the recovery while stocks in the Healthcare sector lagged significantly, as they battled the effects of a post COVID economy. Now 12 months later, does this spell opportunity for Healthcare stocks?
In tonight’s show, Dale and Janine discuss the impact of the pandemic on the Australian Healthcare sector and the stocks in this sector. They will also discuss when the Healthcare sector is likely to recover, as well as analyse the stocks to watch in this sector in 2021.