Today's chart is an update on our colleague Dr. David Eifrig's big call on Big Pharma. It shows he was really, really right...
Longtime readers are familiar with Doc's ideas on Big Pharma
stocks, like Pfizer, Abbott Labs, and Eli Lilly. For years now, he has
noted how aging Baby Boomers are driving pharmaceutical and medical-service consumption. Plus, government programs like "Obamacare" will drive increased demand for drugs.
An easy way to monitor (and invest in) Big Pharma stocks is the
PowerShares Dynamic Pharmaceuticals Fund (PJP). This fund is a "one
click" way to buy a diversified basket of drug stocks.
At the DailyWealth office, we keep tabs on over 50
investment funds that cover all kinds of sectors, commodities, and
countries. Of all the funds we monitor, PJP is at the top when it comes
to highest returns over the past three years... and it's up nearly 150%.
Well done, Doc!
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