Are Healthcare Stocks A Risky Prescription In A U.S. Election Year?

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Dilok Klaisataporn By Vinay Thapar and Edward Bryan Despite conventional wisdom, political uncertainty doesn’t necessarily pose acute risks to the healthcare sector. In November, Americans will head to the polls to elect a president, reorder Congress, and weigh in on countless state and local races. Investors often view healthcare stocks as a risky prescription in election years, but the historical record tells a different story. And this time, the prospect of a divided government could be a mitigating factor. Even minor shifts in political power can result in new legislation with meaningful implications for healthcare stocks. At first blush, 2024...