Investor Sarat Sethi shares his top sector for 2024
Investors may want to consider parking their money in healthcare stocks in 2024, according Sarat Sethi.
"There's a lot of opportunity in healthcare, whether it's in life science companies, medical products, and even big pharma — all out of favor at very reasonable valuations," the managing partner at Douglas C.
He's also recommending that investors who benefitted from 2023's technology-driven rally consider taking profits and funneling that money into areas with secular growth and pricing power such as healthcare, commodities and energy. $The Health Care Select Sector SPDR® Fund (XLV.US)$ $SPDR S&P 500 ETF (SPY.US)$ $C4 Therapeutics (CCCC.US)$
"There's a lot of opportunity in healthcare, whether it's in life science companies, medical products, and even big pharma — all out of favor at very reasonable valuations," the managing partner at Douglas C.
He's also recommending that investors who benefitted from 2023's technology-driven rally consider taking profits and funneling that money into areas with secular growth and pricing power such as healthcare, commodities and energy. $The Health Care Select Sector SPDR® Fund (XLV.US)$ $SPDR S&P 500 ETF (SPY.US)$ $C4 Therapeutics (CCCC.US)$
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