As the saying goes, health is wealth.
The pandemic has emphasized the importance of healthcare and hygiene in our daily lives.
Proper hand sanitation, vaccinations, mask-wearing and social distancing are activities that all of us had to contend with.
Companies such as Abbott Labs (NYSE: ABT) developed antigen rapid test (ART) kits that people could use to quickly determine if they were infected.
And integrated healthcare player Raffles Medical Group (SGX: BSL) assisted the Singapore government with vaccinations and set up transitional care facilities to ease the load off public hospitals.
Even as the world transitions to the endemic phase and people start living with the COVID-19 virus, the need for healthcare remains acute.
Hence, investors who are considering an appropriate sector to park their money in should look at the healthcare industry.
Not only are businesses within it more resilient as there is consistent demand for their services, but...