Today's chart is an update on our colleague Dr. David Eifrig's big call on Big Pharma. It shows he was really, really right...
Longtime readers are familiar with Doc's ideas on Big Pharma stocks, like Pfizer, Abbott Labs, and Eli Lilly. For years now, he has noted how aging Baby Boomers are driving pharmaceutical and medical-service consumption. Plus, government programs like "Obamacare" will drive increased demand for drugs.
An easy way to monitor (and invest in) Big Pharma stocks is the PowerShares Dynamic Pharmaceuticals Fund (PJP). This fund is a "one click" way to buy a diversified basket of drug stocks.
At the DailyWealth office, we keep tabs on over 50 investment funds that cover all kinds of sectors, commodities, and countries. Of all the funds we monitor, PJP is at the top when it comes to highest returns over the past three years... and it's up nearly 150%. Well done, Doc!
No comments:
Post a Comment