Medical science has come a long way from the days when plague doctors wore scary, long-beaked masks and prescribed a steady treatment of leeches and stabbing to cure a head cold. These days, leading American healthcare stocks employ state-of-the-art technology to excel at both saving lives and making profits.
According to the World Health Organization, $7.2 trillion was spent in 2015 on healthcare—that’s roughly ten percent of Global GDP. The majority of that was spent by domestic public sources, meaning that corporate or governmental insurance policies carried the brunt of those trillions.
Because people ...
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