What Happened
Healthcare is a sector with both defensive and growth traits, but many traditional benchmarks often lack exposure to the sector s more exciting avenues. Active traders can add some excitement to the healthcare mix with the
Direxion Daily Healthcare Bull 3X Shares (NYSE:CURE).
CURE, which is one of the oldest and largest leveraged healthcare exchange traded funds, looks to deliver triple the daily performance of the Health Care Select Sector Index.
Why It s Important
CURE, which is docile relative to some other geared ETFs, enters 2021 on a strong note, having jumped 7.40% over the past month. Additionally, there are ebbing though not dead political headwinds for CURE to contend with this year, but with electoral politics mostly in the rear view mirror for the rest of 2021, the healthcare sector could be a winner.
Intel (NASDAQ:INTC). Investors could set themselves up for some great long-term returns by investing in these companies today. Let s take a closer look at why they are good buys going into next year.
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1. Gilead
Gilead was a promising stock earlier in the year when its remdesivir drug looked like it could play a pivotal role in containing the spread of COVID-19. The Food and Drug Administration (FDA) approved it for emergency use authorization (EUA) to treat COVID-19 patients in May, and in October the agency granted it full authorization. Hospitals can administer the drug to patients with COVID-19 who are at least 12 years of age.
Dec 22, 2020 at 6:42AM
The price you pay for a stock can make the difference between whether you make a good return on your investment or incur a loss. Bargains can be hard to find, especially amid a strong bull market such as ours but taking the time to hunt down stocks that are trading at cheap prices can help accelerate your portfolio s gains over the long term.
Oracle (NYSE:ORCL) are two stocks trading at relatively modest multiples to earnings. It doesn t hurt that they both pay decent dividends. Let s see why investors can expect solid returns over time if they scoop up shares today.
Smart Sector ETF Picks Part II: Energy, Financials, Health Care, Industrials investing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investing.com Daily Mail and Mail on Sunday newspapers.