In a new report, Fundstrat analyst Thomas Lee looks for buying opportunities in the beaten-down healthcare sector. Lee believes the selloff has dragged down some quality stocks to prices low enough for traders to pull the trigger.

What Happened?

Healthcare stocks have plunged in recent weeks on fears of a political backlash against drug price increases. However, Lee believes that this sell-off has created a favorable risk/reward balance for many leading names in the space.

Value

According to the report, the healthcare sector has accounted…

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