Barron's Sees Opportunity in Health-Care, Likes Baxter (BAX)
Barron's sees opportunity in health-care shares, as many investors have written them off for dead. Barron's notes the Standard & Poor's 500's health-care sector trades below 12x earnings for the next 12 months and for calendar 2010. This versus more than 14x for the whole S&P.
Barron's highlighted Baxter International (NYSE: BAX) in particular, saying it offers modest valuation, healthy growth prospects and insulation from possible reform measures.
Link to Barron's Article $
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