The U.S. population is getting older and per capita health care spending has been rising — other than the pandemic blip — very steadily for half a century.
We'll detail a simple trade on a resilient health care industry stock that stands to benefit from that long-term trend.
Becton Dickinson (BDX) has a large array of healthcare products and consequently doesn't exhibit the volatility that some other health care companies have like biotech.
Unsurprisingly, when we look at the health care sector, we also see consistent long-term growth.
The Health Care Select Sector Index (IXV) includes more than 60 companies in pharmaceuticals, biotech, equipment, managed care, service providers and distribution.
Persons:
Becton Dickinson
Organizations:
Moderna Inc