Markets

How to invest in healthcare, a massive market sector that offers unparalleled diversification for portfolios

The size and variety of the healthcare sector make it suitable for almost any investor building a diversified portfolio. Healthcare stocks fall into six categories: pharmaceuticals, biotechnology, medical equipment, sales, insurance, and facilities. While the healthcare industry has good growth prospects and is often economy-proof, it also carries some unique […]
How to invest in healthcare, a massive market sector that offers unparalleled diversification for portfolios
Markets

Five Prime Therapeutics soars 386% after positive cancer trial results

Five Prime Therapeutics soared as much as 386% on Tuesday after the biotechnology company released positive results for its phase 2 trial evaluating bemarituzumab in stomach cancer. Five Prime’s Phase 2 FIGHT trial met all three primary endpoints of its study, including an improvement in progression-free survival. “These results bring […]
Five Prime Therapeutics soars 386% after positive cancer trial results
Markets

72% of investors globally are considering adjusting their portfolios ahead of the US election, according to the world’s largest wealth manager

A new survey from UBS revealed that 72% of investors globally are considering adjusting their portfolios ahead of the US election. Investors are eyeing the healthcare sector, 5G stocks, and “green recovery” stocks over the next six months. The survey also polled investors about their presidential preference. In the US, […]
72% of investors globally are considering adjusting their portfolios ahead of the US election, according to the world’s largest wealth manager
Markets

Investors should capitalise on the best stock-picking conditions in ‘quite some time’ and buy on any election-related weakness, says an adviser at the world’s largest wealth manager

Investors should capitalise on the best stock-picking conditions in “quite some time” and buy on any election-related weakness, according to UBS’s Frank Panayotou. The financial adviser said on Monday that stocks in healthcare, industrials, consumer discretionary, and global markets look attractive to him right now. Markets will continue to be […]
Investors should capitalise on the best stock-picking conditions in ‘quite some time’ and buy on any election-related weakness, says an adviser at the world’s largest wealth manager
Markets

Stocks will pull back up to 7% multiple times and election-driven volatility will linger through early 2021, a Wells Fargo head strategist says

Wells Fargo’s Paul Christopher told Bloomberg he’s expecting volatility in the stock market in the next few months heading into the election. These pullbacks could be up to 7% as turbulence continues into the first quarter of 2021 when an administration’s “decisions and appointments need to be made.” He’s advising […]
Stocks will pull back up to 7% multiple times and election-driven volatility will linger through early 2021, a Wells Fargo head strategist says
Markets

Hedge funds are piling into healthcare stocks at record pace, Goldman Sachs says

Hedge fund positioning in healthcare stocks reached a record 10 percentage points overweight compared to the Russell 3000 index, Goldman Sachs said Friday. The rotation was primarily fuelled by soaring interest in biotech names. Recent weeks have seen investors pile into companies racing to introduce the first coronavirus treatment. Positioning […]
Hedge funds are piling into healthcare stocks at record pace, Goldman Sachs says