If you’re looking for stability and resilience, you might want to check out these industries.
Education, healthcare and financial technology have weathered last year’s downturn well.
Healthcare, in particular, stands out as being a “recession-resistant” sector.
Most people will not scrimp on healthcare expenses.
Because of this, healthcare is considered a non-discretionary expense that tends to hold up well during tough times.
However, not all healthcare stocks are attractive.
It’s important to look for attributes such as a strong competitive moat, quality assets, a long track record and a stellar dividend payment history.
Here are two healthcare stocks you can consider adding to your investment watchlist.
Parkway Life REIT (SGX: C2PU)
Parkway Life REIT owns a portfolio of 53 healthcare and healthcare-related assets with a portfolio size of S$1.99 billion as of 31 March 2021.
Its portfolio consists of three private hospitals in Singapore along with 49 private nursing homes in Japan....