๐Ÿ“ The Cheat Sheet - February 22, 2020

 
Profit Trends
 
 
๐Ÿ“ The Cheat Sheet
 
 
+2.8% YTD +9.4% YTD +4.8% YTD
Dow Jones Industrial Average Nasdaq Composite S&P 500 Index
 
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- Rebecca Barshop, Senior Managing Editor
 
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Left Quote Today, there are roughly 92,000 centenarians in the U.S. By 2050, there will be more than 500,000. That's why healthcare will be the hottest sector for 2020 and beyond. Right Quote
  - Matthew Carr
Chief Trends Strategist
 
 
Chart - S&P Sectors by 2020 Projections
Now that we're in 2020, healthcare has a major tailwind at its back in the form of profits.

Wall Street is expecting the sector to see earnings per share increase 25.5% in the year ahead. That's more than double the projected 11% increase of the S&P 500 and considerably more than the 15.8% expected growth from last year's big winner, information technology.

Even better, healthcare is an outperformer during periods of economic weakness. So the sector can provide a cushion in the event of a recession or downturn.

Lastly, the best reason to make room for healthcare in your long-haul portfolio is the world's aging population.

People over the age of 65 make up the fastest-growing age group worldwide. And by 2050, it's estimated that 1 out of every 6 people will be 65 or older.

Read More...
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