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Benzinga

Business

Piero Cingari

These 3 Pharma Stocks Are Rallying – And Still Trade Absurdly Cheap

LLY Health Care Pfizer Goldman Sachs Pfizer Inc

Syringes,With,Ampules,On,Usa,Flag.,Medicines,For,Treatment.,Drug

Health care stocks are on track for their best week in years, yet even after the rally, several pharma giants remain absurdly cheap by market standards.

The Health Care Select Sector SPDR Fund (NYSE:XLV) is up 4.5% this week through Thursday, pacing for its strongest weekly performance since June 2022.

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