2 "Safe" Healthcare Stocks That Are Anything But
Investors flock to healthcare stocks with the idea that they're a somewhat safer way of getting a return. After all, medical spending is typically obligatory rather than optional, so the sector probably has a better shot at holding up in the face of a recession than others. And healthcare doesn't have complicating factors like cyclicality that make timing an investment more challenging.
But as you probably recognize already, not all healthcare stocks live up to the ideal of a low-risk investment with decent returns. In fact, over the last five years, you'd have done better buying and holding an index fund that tracked the broader market than either of the two stocks we'll discuss today even though they compete in relatively stable areas and have what -- at least until recently -- seemed like time-tested business models.
Here's why both stocks below are likely to continue underperforming.
Source Fool.com
