BIOS Stock: Playing Offense with this Defensive Healthcare Stock
The markets are on the defensive as high-flying growth names like Facebook, Inc. (NASDAQ:FB) Netflix, Inc. (NASDAQ:NFLX), and NVIDIA Corporation (NASDAQ:NVDA) have become inundated with selling pressure.
Money is rotating out of growth stocks like these ones and into defensive sectors like healthcare, and consumer staples.
Rotation into defensive sectors usually occurs in the late innings of economic expansion, suggesting that the economy is starting to shutter and is showing signs of slowing.
In this environment, following the fund flows.
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The markets are on the defensive as high-flying growth names like Facebook, Inc. (NASDAQ:FB) Netflix, Inc. (NASDAQ:NFLX), and NVIDIA Corporation (NASDAQ:NVDA) have become inundated with selling pressure.
Money is rotating out of growth stocks like these ones and into defensive sectors like healthcare, and consumer staples.
Rotation into defensive sectors usually occurs in the late innings of economic expansion, suggesting that the economy is starting to shutter and is showing signs of slowing.
In this environment, following the fund flows.
Den vollständigen Artikel lesen ...