The healthcare sector has been enjoying a good 2014 despite some big headwinds, and in an interview with Fox Business Network, Validea CEO John Reese looks at how his Guru Strategies have been taking advantage of that. Reese says that the biotech stock tumble early in the year led many investors to overreact and bail on some good healthcare stocks, and he also says that the uncertainty surrounding Obamacare, which some have used as reason to avoid healthcare stocks, may well already be baked into prices (perhaps to an exaggerated degree). Reese offers some picks from his guru-inspired Healthcare portfolio, which is up 24% this year.
Every day, Validea.com uses John Reese’s Guru Strategy investing models to rank dozens of industries using a myriad of financial and fundamental data. The rankings include a value index, a growth index, and an overall index that takes both growth and value factors into account. Here’s a look at some of the current top-rated industries.
Every other issue of The Validea Hot List newsletter examines in detail one of John Reese’s computerized Guru Strategies. This latest issue looks at the Warren Buffett-inspired strategy, which has averaged annual returns of 7.1% since its late 2003 inception vs. 5.8% for the S&P 500. Below is an excerpt from the newsletter, along with several top-scoring stock ideas from the Buffett-based investment strategy.
Taken from the August 15, 2014 issue of The Validea Hot List