Pharma stocks have bounced back from their prior selloff, but whether they will continue their upward trend under a Donald Trump administration remains unclear.
Your retirement portfolio could get a salutary boost from biotech stocks along with ETFs in the sector that have generated large returns in 2016, producing double digit-gains.
Biotech and health care are two of the hottest sectors in which to invest. TheStreet compiled a list of the best-rated ETFs tracking the two sectors.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares US Healthcare Providers ETF where we have detected an approximate $29.2 million dollar outflow -- that's a 4.9% decrease week over week (from 5,100,000 to 4,850,000). Among the largest underlying components of IHF, in trading today Anthem Inc is up about 1.4%, Aetna Inc.
Health care ETFs offer market-beating returns and these ETFs demonstrate the best industries of the group so far this year.