A Healthcare ETF for Obama’s Second Term and Affordable Care Act
November 15th, 2012 at 11:31am by Tom Lydon
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I do the “ETF of the Week” for MarketWatch every Thursday on Chuck Jaffe’s MoneyLife Show where I highlight big movers and disappointments within the exchange traded fund market.
This Thursday, I looked at the iShares Dow Jones U.S. Healthcare Sector Index Fund (NYSEArca: IYH). Now that President Barack Obama has won the presidential race, the country will move forward with the Affordable Care Act, providing the healthcare sector with millions of new clients.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.