2021-07-24 17:36:41
Stock market overview in the healthcare sector. In the second quarter, the healthcare sector showed a significant increase in profits of 16.7%.
Dear Investors!
SOLLZO owns over $ 890 million in shares and stakes in major pharmaceutical companies such as Johnson & Johnson, Pfizer, AbbVie, Roche and others. These assets generate huge cash flow, providing SOLLZO investors with consistently high returns.
Let's dive into the big picture of these companies that will determine their profitability in the coming days.
Earnings expectations of the healthcare sector are upbeat as the sector is likely to log 14.6% growth in the second quarter of 2021 on revenue growth of 15.7%, per the Earnings Trends issued on Jul 14, 2021.
The spread of the Delta variant of COVID-19 should boost demand for vaccine makers, and other pharma and healthcare companies.
The healthcare sector has been benefiting from COVID-19 vaccines or treatment with many more to come. The ultra-popular ETFs - Health Care Select Sector SPDR Fund XLV, Vanguard Health Care ETF VHT, iShares U.S. Healthcare ETF IYH and Fidelity MSCI Health Care Index ETF FHLC, have gained around 5% over the past three months.
Most recently, Moderna, known for its success in the COVID-19 vaccine, entered the big league with its addition to the S&P 500 Index. The S&P announced this late Thursday night, and the next day, July 16, Moderna shares rose 10.3%, on 4.5 times volume. The stock was up nearly 175% this year last week, leading to Moderna’s market valuation of more than $115 billion.
Better-than-expected earnings results from Johnson & Johnson JNJ and UnitedHealth Group UNH have added to the strength. The world's biggest healthcare products’ maker continued its long streak of earnings beat and outpaced revenue estimates.
Pfizer has a Zacks Rank #3 and an Earnings ESP of +2.51%. It delivered an earnings surprise of 8.44%, on average, in the past four quarters and has a VGM Score of B.
Thermo Fisher carries a Zacks Rank #3 and has an Earnings ESP of +2.69%. The earnings surprise track over the past four quarters is strong, with the beat being 21.41%, on average.
Get consistent, high returns on high-value assets at the intersection of two powerful and dynamic industries - healthcare and real estate.
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