CNN: Health care stocks could suffer this year. Here's why...
Cunnison said he plans to hold on to health care stocks throughout this year's election cycle. He added that health care stocks could also get a bump if the market choppiness continues and investors start looking for more defensive safe haven companies.
"Value usually beats growth in a volatile market," Cunnison said. He also noted that many health care stocks pay big dividends, which will be attractive to conservative investors.
The average yield for companies in the Health Care Select Sector SPDR ETF (XLV) is nearly 2.2%, compared to a yield of around 1.63% for the 10-year Treasury bond.
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