Treasure Chest | 10:00 AM
FNArena's Treasure Chest reports on money making ideas from stockbrokers and other experts. Today's idea involves Healthcare stocks.
By Danielle Ecuyer
FNArena's Treasure Chest reports on money making ideas from stockbrokers and other experts.
Whose Idea Is It?
RBC Capital
The subject:
Against more heightened global uncertainty including rising geopolitical risks, elevated oil price, higher inflation and bond yields, RBC Capital believes the Australian healthcare sector has scope to continue to re-rate with more certainty around earnings growth, and a relatively non-correlated exposure to macro risks, on top of historically appealing valuations.
More info:
Against a backdrop of elevated global uncertainty around oil prices, inflation, interest rates and the sustainability of the AI trade, there is increasingly more to like about the healthcare sector, which RBC Capital describes as “light” in terms of macroeconomic uncertainty.
The Australian healthcare sector performed much better than feared over the August reporting season, rallying some 18% in the month, albeit off a very low base.
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