Healthcare Companies on Remarkable Rise After a Decade-Long Decline
May 03, 2011 at 06:00 AM EDT
Very little attention has been paid to the story that - for my money - is one of the most intriguing so far this year. That's the story of the stunning gains made by major drug and healthcare companies that were in hellacious bear markets for more than 10 years. While the media has been focused on new highs in precious metals, tech earnings and the rejuvenation of heavy industry, the healthcare sector has quietly taken off.