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StockNews.com
Business
Anushka Dutta

3 Stocks to Target as Investors Rotate Back Into the Health Care Sector

HUM CI CNC Health Care Humana BLK Centene Corporation Cigna Corporation Covid-19 Humana Inc

The healthcare industry seems to be rebounding from its pandemic-induced job losses. According to the latest job report from the U.S. Bureau of Labor Statistics, the healthcare industry added 57,000 jobs in June, representing a giant leap from May, which added 15,000 jobs. On the other hand, the resurging COVID-19 cases have induced renewed investors’ interest in the sector.

Asset management firm BlackRock Inc. (BLK) recommends owning healthcare stocks for a resilient portfolio. Additionally, BLK portfolio manager Dr. Erin Xie expects the sector to grow based on secular growth drivers such as aging societies’ demand for healthcare products and services.

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