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Bullboard - Stock Discussion Forum Concordia Healthcare Corp. T.CXR.R

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > The health care sector rotation is a myth
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Post by TechTarget on Oct 28, 2015 11:16am

The health care sector rotation is a myth

Bashers here point to the sector rotation in health care.  As Bullchart mentioned, that's a myth.

News after news is very bullish on healthcare. For a reason!

https://www.canadianbusiness.com/business-news/glaxosmithkline-profits-up-34-pct-on-strong-sales-of-over-the-counter-products-vaccines/
Comment by sunshine7 on Oct 28, 2015 11:36am
HC sector rotation was not a surprise given the outperformance over the past year(s) AND THE RECOMMENDATIONS FROM FINANCIAL ADVISORS TO REVIEW AND BALANCE PORTFOLIOS. (sorry caps stuck). I think that it is overdone and will drift back to the middle over the balance of the year. Of course, in the midst of this, the shorts took advantage of the situation and drove it as low as they could. Now the ...more  
Comment by JustforFun7 on Oct 28, 2015 11:49am
that sounds about right.  Healthcare is a growth area because of demogrpahics. it is also an area where local companies can compete and not have a large wage  disadvantage so they will attract investment. JFF7
Comment by ruben12345 on Oct 28, 2015 12:30pm
From a growth perspective PHM is most promising 
Comment by sunshine7 on Oct 28, 2015 12:34pm
PHM is on the Venture exchange. I learned a long time ago to stay clear of the Venture unless the bull runs. Wake me up when the join the TSX.
Comment by ruben12345 on Oct 28, 2015 12:35pm
Sure 
Comment by healthstock1234 on Oct 28, 2015 12:37pm
Excellent observation,PHM , by her platform  is engaged in healthcare cost reduction. But, please read PHM stockhouse yesterday to see the letter posted by Internet and the debate around this letter.
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