Health care shouldn't be overlooked as a place to buy amid the current market turmoil, according to Jamie Cox, managing partner at Harris Financial Group.
He's been particularly interested in health care — pharma more specifically — as the industry feels tailwinds from artificial intelligence and the weight-loss drug boom.
"The amount of money that the health care industry is making is being completely ignored by investors," Cox told CNBC Pro.
"The noise of the short-term back-and-forth ... gives you good opportunity to buy high-quality companies, while people are just selling indiscriminately."
For more diversified exposure, Cox recommended the Vanguard Health Care ETF (VHT) .
Persons:
Jamie Cox, Cox, He's, FactSet, That's, they're, Johnson, Eli Lilly
Organizations:
Harris Financial Group, Federal Reserve, pharma, CNBC, Pharma, Novo Nordisk, Novartis, Pfizer, Swiss, Novo, Vanguard Health Care
Locations:
U.S