Got $1,000? Check Out These 3 Top Healthcare Stocks
In the short term, stocks seem to move more or less in the same direction as the overall market. That's because on a day-to-day basis, sentiment is driving decisions. Over a longer time frame, the potential earnings power of a company will determine performance. But when an industry is in transition, the uncertainty can lead to volatility that lasts years. That seems to be happening right now.
The healthcare industry has changed a great deal in the past decade. And while some legacy players try to reinvent themselves, new entrants reinvent processes with the consumer in mind. It's led to wild swings in stock prices as companies change positions in the race to lead segments of the $3.8 trillion industry.
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Source Fool.com
