You know, it was only recently that many of the above-mentioned healthcare stocks are darlings of the Stock Market.
The allure of healthcare is easy to understand: With an aging population, rising affluence of the middle class here and abroad, and a business that appears immune to the economic cycles/downturn…. what can go wrong?
1) When the Singapore Market Rises, it doesn’t raise all boatsLet’s look at the recent Stock Price performance of the 3 stocks over a one year period.
Raffles Medical Group Ltd.
Over a period of one year (from 11 Aug 2016 to 10 Aug 2017), the share price has dropped from a high of SGD 1.55 to SGD 1.13. That is an approx. 27% drop.
...
