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Health Equities Deliver A Dose Of Good Returns; STOCKS; HMOs, nursing homes, drugs, biotechs among groups boasting growth.(SERIES: HEALTH CARE)(IBD SPECIAL REPORT)
Publication: Investor's Business Daily Publication Date: 31-OCT-05 |
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COPYRIGHT 2005 Investor's Business Daily, Inc.
Byline: JUAN CARLOS ARANCIBIA
Many investors learned this year that health care stocks were good medicine for a portfolio.
At least through the first three quarters of the year, the sector was a market leader, even while energy and building stocks overshadowed its performance.
In that period, medical stocks outperformed defense, semiconductor and new issues. The health arena also beat out small-cap stocks and the IBD New America Index, which tracks companies profiled in that section of IBD.
For those first three quarters, the IBD Medical/Health Care Index -- comprised of longtime sector leaders such as...
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