Author: Bob Freedland
Covestor model: Healthcare
The Healthcare Model had a relatively flat month in January, as this group of stocks underperformed the S&P 500. I continue to work to identify the strongest collection of stocks in this evolving area of medical care and related industries.
Two stocks within this model continue to perform well: Intuitive Surgical (ISRG), maker of the DaVinci robotic surgical platform, and HealthStream (HSTM). I have added Mako (MAKO) back into the mix hoping that the company will also benefit from the robotic surgical approach, this time in the Orthopedic field.
ResMed (RMD) has been returned to the portfolio as recent results suggest this company is starting to represent true value. The stock has underperformed for quite a while.
Another promising addition to this model is Centene (CNC), which is already making a positive contribution to the model’s performance.
I continue to be committed to working this model to improve performance and reduce trading activity as longer-term winners prove themselves.
