ETF
The provider ETF, IHF, tilts more to insurance providers such as UnitedHealth Group(UNH) and Humana(HUM) than to testing companies such as Lab Corp. of America Holdings(LH).
Insurance companies carry risks such as accounting that are very difficult to measure, but I am favorably disposed to the testing companies, with Quest Diagnostic(DGX) held for most clients. So again, my preference here would be for a common stock -- potential 20% hit notwithstanding. I believe health care, because of the demographic aspect, will be a very important sector over the next 10 years. While I don't think these funds are all that hot, there will be more to come. A company called Ferghana Wellspring has had funds in registration for a while now that get incredibly narrow within the sector, such as its proposed Infectious Disease fund and its Gastrointestinal/Genitourinary/Gender Health fund. You may or may not need those funds, but the point is there will be more innovative products coming, and studying them will be worthwhile.TheStreet Premium Services
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn More
OptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn More
Real Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn More
Stocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn MoreTo begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,419.86 | 1,313.32 | 2,837.36 | 16.25 |
Oil *
103.00
|
|
DOWN
160.83 |
DOWN
19.10 |
DOWN
33.63 |
DOWN
1.06 |
10 Yr
1.62%
SPDR Gold
151.91
|
|
-1.28%
|
-1.43%
|
-1.17%
|
-6.12%
|
Data delayed 20 minutes |
Connect with TheStreet