Earnings Outshine in the Healthcare Industry
October 27, 2015 at 14:01 PM EDT
Once again, it’s earnings season for corporate America. The healthcare sector takes its turn this week, with several high-profile companies set to report earnings. Overall, the sector has performed well this year, although it’s been under heat in the last few months as the broader equity markets sputter along due to fears of rising interest rates and slowing economic growth in the emerging markets. In addition, some healthcare companies have received unwelcome attention from large investor groups, and even regulators as well. This has caused a wave of negative sentiment, casting a shadow over the industry. But, the good news is that, so far, corporate earnings are surpassing expectations in the sector. This could be a sign that the dark clouds hanging over Big Pharma’s head may soon pass. Here are some healthcare ETFs for investors to play a recovery in Big Pharma.