Healthcare and big pharma stocks are seen as a safe haven, with Elevance Health ranking 10th
From Yahoo Finance: 2025-04-11 15:53:00
- Healthcare, big pharma stocks seen as immune from trade issues, making them a safe haven. Healthcare contributes 20% to US economy but lacks investor confidence due to patent cliffs and pricing issues.
- Managed care, government-centric names insulated from tariffs, benefitting from economic slowdown. Less risk compared to other sectors, making them somewhat of a safe haven.
- Elevance Health, Inc. (ELV) ranks 10th on list of best medical stocks according to billionaires. Company reported solid operations and received Buy ratings from Guggenheim and Mizuho. Medicaid earnings affected by COVID-19, but expected to improve in the next 12-18 months.
- ELV shows promise for investment, but other AI stocks may deliver higher returns in a shorter timeframe. Consider checking out our report on the cheapest AI stock with significant upside potential.
Read more at Yahoo Finance: Among the Best Medical Stocks to Buy According to Billionaires