Oct 15, 2019 - Economy

Health care stocks aren't having a great year

Data: FactSet; Chart: Axios Visuals
Data: FactSet; Chart: Axios Visuals

The stock prices of major health care companies have not kept pace with the broader market so far in 2019, even though the industry is flush with cash.

The bottom line: Medicare for All and other health care reforms floated by Democratic presidential candidates, as well as higher-than-expected medical costs at health insurance companies, have made investors nervous about the future.

What's next: Companies are ready to roll out third-quarter reports.

  • Politics will continue to hang over how investment firms trade health care stocks, but Wall Street has a short attention span.

Follow along: The Axios health care earnings tracker has been updated with Q3 details and also includes large not-for-profit hospital systems.

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