2 Defensive Healthcare Stocks to Buy Right Now
The S&P 500 soared over the past three years -- but since the start of this year, the benchmark has lost some of the positive momentum. This is for a variety of reasons. The possibility that the long-term revenue opportunity in the artificial intelligence (AI) market could disappoint has weighed on investors' minds. Uncertainty about the state of the economy and the pace of interest rate cuts also has prompted concern -- and the war in Iran added to this difficult picture.
With this in mind, now is a fantastic time to add a couple of defensive stocks to your portfolio -- these are companies that tend to deliver solid earnings performance even through difficult environments. Here are two such healthcare players to buy now and hold onto for the long term.
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Source Fool.com
