High-flying growth stocks have been leading the stock market higher this year, so perhaps its time to change gears and look at sectors that haven’t run way up in price. This month I’ll highlight 6 of my favorite conservative stocks in the Healthcare sector.
We lead things off with the well-rounded Johnson & Johnson (JNJ). JNJ might have a COVID-19 vaccine in development. Other safe-COVID stocks include Regeneron (REGN) is a Biotech stock that created Eylea, which developed the COVID-antibody cocktail that President Trump took. And PerkinElmer (PKI) has been benefiting from sales of COVID tests and equipment used to achieve test results.
Becton, Dickinson (BDX) and Stryker (SYK) make medical equipment, which should see more demand with elective surgeries increasing.
And to wrap things up, we look at UnitedHealth (UNH) the nation’s largest health insurer.