Sector rotation is very common in the stock market, as investors allocate investment dollars from an underperforming sector to an outperforming sector, or a sector that has the potential to offer superior returns.
"There's always rotation going on in these markets from one sector to another," Joel Elconin, co-host of Benzinga's daily PreMarket Prep explained during Wednesday's edition. "There are a lot of different places people can place their money."
JJ Kinahan, TDAmeritrade's chief strategist was a guest on the segment and offered his expert opinion on sector rotation. He said that it was perhaps a bit surprising to see a sector rotation outside of financials, despite the fact that ...
/www.benzinga.com/analyst-ratings/analyst-color/16/05/7936230/are-we-seeing-a-sector-rotation-away-from-financials-and alt=Are We Seeing A Sector Rotation Away From Financials And Into Healthcare?>Full story available on Benzinga.com
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