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ISHARES DOW JONES US MEDICAL DEV.(ETF)IHITOP PICKOct 30, 2014Stock price when the opinion was issued
As of Jun 18, 2026. Market Open.
Not overly bullish on healthcare as a whole, as its growth may be less attractive. Likes medical devices, with a built-in backlog due to Covid. He owns SYK. There should be a significant pickup in procedures over the next 2 years. SYK has strong earnings growth, near a 1-year high. Also look at IHI, the medical devices ETF, packed with companies leading the healthcare sector.
(A Top Pick Aug 15/18, Up 20%) A good way to play pharma without the litigation problems. For a Canadian one, it would be ZUH. Medical devices have done very well, and wish he had more.
This is the trend in the marketplace so buy the trend. People who are aging are going to buy the hips, the knees and get the heart thing done. All of these companies are expanding into Latin America and China.