Why we like health-care stocks in 2024 despite their spotty record in presidential election years
Critical rhetoric and policy uncertainty tend to weigh on health-care stocks in presidential election years. But we like many in the industry this year.
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This picture shows an unit dedicated to the production of insulin pens at the factory of the US pharmaceutical company Eli Lilly in Fegersheim, eastern France.
Frederick Florin | AFP | Getty Images
As the old Wall Street adage goes, health care tends to underperform the stock market in presidential election years — and in recent cycles, that's been true. But, there's reason to believe this year that many health-related stocks, led by Eli Lilly, could defy historical convention.
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