VHT: Health Care Sector Bruised Again In July, Spotting Possible Support (Rating Downgrade)

VHT: Health Care Sector Bruised Again In July, Spotting Possible Support (Rating Downgrade)

VHT
Neutral
Market
VHT: Health Care Sector Bruised Again In July, Spotting Possible Support (Rating Downgrade)

Summary

VHT is attractively valued at 16x forward earnings, but sector momentum is weak and technicals remain bearish. Healthcar...

VHT is attractively valued at 16x forward earnings, but sector momentum is weak and technicals remain bearish. Healthcare sector underperforms YTD, with key holdings like UNH and LLY facing significant declines, increasing near-term downside risk. VHT's portfolio is large-cap heavy and offers a solid dividend yield, but concentration risk and volatility are elevated.

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