Needless to say, the health care sector, especially pharmaceuticals and biotech, have taken a rhetorical beating from politicians looking to force the blame for high drug prices on some of the top companies. While prices on some are indeed high, and perhaps should be lowered, the fact of the matter is, it is incredibly expensive to get a new drug to approval and the market. The selling of these stocks could give investors a great entry point.
One of the firms we cover here at 24/7 Wall St. is UBS, and it is cautiously positive on the overall health care sector. The analysts have the sector rated moderate overweight, and the preferred segments are pharmaceuticals and healthcare providers and services. We found four stocks in the Most Preferred Pharmaceuticals list that pay top dividends.
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Source: 24/7 Wall St.