Healthcare companies are pushing the status quo by innovating in areas like drug development and digital health. Despite the rosy long-term prospects, short-term headwinds such as COVID inventory destocking have harmed the industry’s returns - over the past six months, healthcare stocks have collectively shed 9.4%. This performance was disappointing since the S&P 500 held its ground.
Consumer staples are considered safe havens in turbulent markets due to their inelastic demand profiles. But recently, the industry has failed to do its job as it shed 9.5% over the past six months. This drop was especially discouraging since the S&P 500 held steady.
Whether you see them or not, industrials businesses play a crucial part in our daily activities. Unfortunately, this role also comes with a demand profile tethered to the ebbs and flows of the broader economy, and investors seem to be forecasting a downturn - over the past six months, the industry has pulled back by 6.2%. This drop was disheartening since the S&P 500 held steady.
The best-performing stocks typically have robust sales growth, increasing margins, and rising returns on capital, and those that can maintain this trifecta year in and year out often become the legends of the investing world.
March has been a dizzying month for US markets. The S&P 500 just posted two days of back-to-back gains, but the benchmark index is still down almost 5% this month.
FRANKFURT (Reuters) -German pharmaceuticals company Stada has postponed a planned initial public offering (IPO) in Frankfurt because of market volatility, two people familiar with the matter told Reuters on Tuesday. Bankers preparing the potential offering for Stada's shareholders Bain Capital and Cinven advised against going ahead with the listing this week, citing recent volatility related to geopolitical events, the people said. In recent weeks, key market volatility gauges have been rising on the back of geopolitics and the risk of trade wars prompted by U.S. President Donald Trump, Reuters has reported.
(Bloomberg) -- This isn’t the Fed’s stock market anymore. Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plans for Flood Protection Without Federal FundsFor years, Federal Reserve meetings have been the main event on Wall Street as the central bank fought to contain runaway inflation. Traders carefu
The Chinese EV maker unveiled a charging station takes five minutes and provides a 400-kilometer range.
Nvidia has to rebound for the broader market to get its sea legs back.
(Bloomberg) -- Nasdaq Inc. said it will open a new regional headquarters in Dallas to serve as a hub for clients in Texas, and is planning additional investments in the state.Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plans for Flood Protection Without Federal FundsThe exchange operator generate