The healthcare sector is getting a safe haven boost. This one stock is headed for a long-term breakout
The healthcare sector has been one of the hottest areas over the last three months.
AI Summary
The healthcare sector has shown strong performance, rising 15% year-to-date and seen as a safe haven during uncertain times. CVS Health Corp is highlighted as a promising stock with a favorable risk/reward profile, with technical indicators suggesting it could break above key resistance levels of $82 to $86, potentially targeting $99 and then $105. Longer-term, a breakout above $110 could pave the way for prices to reach $150 within 6 to 9 months.