Will Tax Reform Affect Health Care Sector Earnings in 2018?
The health care sector had a strong run in January 2018. The Health Care Select Sector SPDR ETF (XLV), which tracks the performance of the healthcare sector, rose 5.3% in January 2018. Major health care stocks such as UnitedHealth Group (UNH), Johnson & Johnson (JNJ), Amgen (AMGN), and Pfizer (PFE) returned 7.4%, -1%, 7%, and 2.2%, respectively, in January 2018.