Healthcare stocks face uncertain outlook after US election
Healthcare stocks face an uncertain outlook after the US election, according to analyst Jared Holz, who warns lawmakers may face gridlock now that Democrats control Congress. He expects the sector to perform poorly over the next couple of years. The State Street Health Care Select ETF rose 3% on the day after the election. The fund has gained about 32% since President Trump's term began in January 2025, outperforming the S&P 500 by nearly 9 percentage points over that period.
Key facts
- Holz says medical device stocks near multi-year lows could be attractive if regulatory changes reverse recent trends.
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Why it matters
Investors in healthcare equities face shifting policy prospects as Congress changes hands.
What changed
First published from CNBC