Healthcare stocks may keep your portfolio from needing a checkup

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Forget about an apple (or Apple) a day. Healthcare stocks may help keep the investing doctor away.

A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here.New York

Shares of Apple have plunged more than 20% this year. The FAANGs of Big Tech and other momentum stocks have been hit hard due to worries about slowing earnings growth and a weakening economy. But many blue chip healthcare stocks have been solid gainers in this bear market for the Nasdaq and S&P 500.Merck and biotech king Amgen are among the top performers in the Dow.

Source: News Formal (newsformal.com)

 

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Well, I’d stay with an apple.

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That’s not true. Healthcare stocks have been hit as hard as other stocks. The problem isn’t the choice of stocks. The problem is panicking people selling off stock.

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I’d stay with apples tho..

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