What is the Healthcare Sector?
The healthcare sector is the sector of the economy made up of companies that specialize in products and services related to health and medical care.
Healthcare Sector Examples
The healthcare sector includes publicly-traded companies that power all dimensions of the healthcare industry.
Examples of these companies include, but are not limited to, biotechnology companies, health insurance providers, pharmaceutical companies, and companies that manage clinics and hospitals. Companies that produce professional and home health products (for example, blood-pressure monitors, Elastoplasts, orthopedic devices, and surgical supplies) are also included in this sector.
Why the Healthcare Sector Matters
The healthcare sector is one of the world's largest and fastest-growing industries. Due to the indispensable nature of healthcare at all levels of society, stocks issued by companies in the healthcare sector are somewhat insulated from the business cycle. As such, investors may be able to defend against fluctuations in the overall market by building a portfolio that includes healthcare sector stocks.
Personalized Financial Plans for an Uncertain Market
In today’s uncertain market, investors are looking for answers to help them grow and protect their savings. So we partnered with Vanguard Advisers -- one of the most trusted names in finance -- to offer you a financial plan built to withstand a variety of market and economic conditions. A Vanguard advisor will craft your customized plan and then manage your savings, giving you more confidence to help you meet your goals. Click here to get started.
Read This Next
Most people think there is some sort of voodoo magic that goes into creating a loan...Read More →
What if you could improve your portfolio performance just by paying attention? When a marriage is on the rocks, the first thing many couples are counseled to do is to pay attention to each...Read More →