Again Polly is right.
Dude or Dudette, do your homework:
No new hospital licenses are issued, so there is no or little domestic growth opportunity.
Little chance of them cutting bottom line as medical suppliers have their 'own' CPI, meaning increased costs for hospitals that is difficult to pass on to consumers cause the parasites already sucked them dry.
New intended National Health Care (that has no funding yet, but sure to come out of YOUR pocket) will force private hospitals to serve NHC parasites at government determined rates. So shareholders and parasites will have to share beds.
A few of these healthcare companies are trying to grow their business overseas and are burning their fingers.
Except for that if you haven't noticed you are in a bear market.
Look at the NASDAQ it is down about 8% this month - US sneeze, SA gets bronchitis.
Gather your cash and earn interest for now, but keep it ready.
To be clear. I am not contradicting Polly but fully support her view that investing in any healthcare at this point is suicidal (not hospital bed required)