|By PR Newswire||
|August 22, 2014 10:15 AM EDT||
CHICAGO, Aug. 22, 2014 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the Fidelity Select Health Care Fund (FSPHX-Free Report), Fidelity Select Pharmaceuticals (FPHAX-Free Report), Fidelity Select Medical Equipment and Systems Portfolio (FSMEX-Free Report), Icon Healthcare Fund (ICHCX-Free Report) and Fidelity Select Medical Delivery (FSHCX-Free Report).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Thursday's Analyst Blog:
5 Healthcare Mutual Funds Riding High on Earnings
With most of the Q2 2014 filings in the books, the medical sector has posted the top year to date earnings growth out of all the 16 Zacks sectors. The sector as a whole is showing 15.6% year over year earnings growth.
Further, the medical sector posted very impressive year over year revenue growth as well; 12.3% for Q2 2014. Further, more than 75% of the companies in the medical sector beat their earnings and revenue expectations this quarter.
While the earnings and revenue numbers are very impressive, we are now looking towards the second half of 2014, and into 2015. Currently, we expect the medical sector to post double digit earnings growth for 2014, and 2015; 12.9% for 2014, and 12.4% in 2015.
On the Revenue front, the medical sector is expected to post double digit growth in 2014, and then see some pull back in 2015; 10.9% for 2014, and 5.2% for 2015.
Due to the positive Q2 results, and future guidance, we believe a wise investor should look to some strongly performing Healthcare Mutual Funds to capture the sectors growth through 2015. We utilized the Zacks Mutual Fund Ranking system to identify the best positioned and best performing healthcare funds.
To better understand the Zacks Mutual Fund Ranking System, please click here.
Top Healthcare Mutual Funds
Fidelity Select Health Care Fund (FSPHX-Free Report) a Zacks Rank #1 (Strong Buy) is a balanced allocated fund, that holds about 48% of their position in the healthcare sector, with the remainder spread out multiple different industries including Tech, Finance, Industrial, and Services. The fund is comprised of companies that are principally engaged in the design, manufacture, or sale of products or services used for or in connection with healthcare or medicine. This gives the fund a broader spectrum of companies, and enables it to withstand headwinds more efficiently.
The fund is heavy companies like, Actavis, Biogen, McKesson, Boston Scientific, and Agilent Technologies. This fund as a minimum investment of $2,500, and is not front loaded (fees).
Past Performance: 1 year 49.80%, 3 year 27.19%, 5 year 27.23%
Fidelity Select Pharmaceuticals (FPHAX-Free Report) a Zacks Rank #1 (Strong Buy) is much heavier in the health sector, with just under 69% of the fund, than our previous recommendation. This fund invests in companies that are engaged in the research, development, manufacture, and distribution of various biotechnological products, services, and processes. This fund was opened in 2001, and has strong 10 year return: 13.81%, vs. S&P 500 10 year at 8.3%.
The fund is heavy Abbvie, Merk, Johnson & Johnson, Astrazeneca, and Bristol Myers. The fund has a minimum investment of $2,500, and is not front loaded (fees).
Past Performance: 1 year 39.26%, 3 year 22.77%, 5 year 24.14%
Fidelity Select Medical Equipment and Systems Portfolio (FSMEX-Free Report) a Zacks Rank #1 (Strong Buy) is over weighted in the health sector, with at least 80% of their assets in common stocks of companies principally engaged in research, development, manufacture, distribution, supply, or sale of medical equipment and devices and related technologies. Currently, the portfolio is just below 65% in health sector, with the remainder spread amongst Finance, Technology, Other, Retail trade, Services, and Industrial. This fund was started in 1998, and has posted strong 10 year returns (+11.84%), which have outperformed the S&P 500 at 8.3%.
The fund is heavy Covidien, Boston Scientific, Stryker Corp, Abbott Labs, and Medtronic. The fund has a minimum investment of $2,500, and is not front loaded.
Past Performance: 1 year 35.34%, 3 year 16.32%, 5 year 18.53%.
Icon Healthcare Fund (ICHCX-Free Report) a Zacks Rank #1 (Strong Buy) is a more balanced healthcare mutual fund, with just under 32% of the fund in the health sector. This fund diversifies itself with other sectors who are related to the healthcare sector, with large holdings in Other, Finance, Services, Retail trade, Industrial, and non-durable sectors. This fund is relatively inexpensive to enter, with only $1,000 minimum initial investment, and zero front loaded fees. In the past 10 years, the fund has outperformed the S&P 500 by posting returns of 10.75% vs 8.3%.
This fund has the greatest percentage of their fund in Johnson & Johnson, Gilead, Celgene, Cigna, and UnitedHealth group.
Past Performance: 1 year 30.11%, 3 year 20.50%, 5 year 20.32%.
Fidelity Select Medical Delivery (FSHCX-Free Report) a Zacks Rank #1 (Strong Buy) who's objective is to seek out capital appreciation. The fund normally invests at least 80% of assets in common stocks of companies principally engaged in the ownership or management of hospitals, nursing homes, health maintenance organizations, and other companies specializing in the delivery of health care services. The fund offers dividends and capital gains twice a year in April and December. This fund was started in 1986, and has outperformed the S&P 500 over the past 10 years, 15.73% vs. 8.3%.
The fund is heavy UnitedHealth Group, Express Scripts, McKesson, Cardinal Health, and Cigna Corp. FSHCX has a minimum investment of $2,500, and is not front loaded.
Past Performance: 1 year 25.12%, 3 year 13.74%, 5 year 21.87%.
The healthcare sector is positioned for sustained earnings and revenue growth out through 2015. So if you are inclined to invest into the healthcare sector, you should look to add these highly performing mutual funds to your portfolio.
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today.
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros.
Follow us on Twitter: http://twitter.com/zacksresearch
Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Zacks Investment Research
800-767-3771 ext. 9339
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Logo - http://photos.prnewswire.com/prnh/20101027/ZIRLOGO
SOURCE Zacks Investment Research, Inc.
SYS-CON Events announced today Telecom Reseller has been named “Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
Aug. 27, 2016 03:15 PM EDT Reads: 701
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
Aug. 27, 2016 02:45 PM EDT Reads: 3,438
Aug. 27, 2016 12:45 PM EDT Reads: 2,332
Aug. 27, 2016 12:30 PM EDT Reads: 3,609
Aug. 27, 2016 12:00 PM EDT Reads: 622
Aug. 27, 2016 12:00 PM EDT Reads: 628
Aug. 27, 2016 12:00 PM EDT Reads: 482
Aug. 27, 2016 11:00 AM EDT Reads: 2,348
Aug. 27, 2016 11:00 AM EDT Reads: 3,964
Aug. 27, 2016 10:30 AM EDT Reads: 1,959
Aug. 27, 2016 10:15 AM EDT Reads: 1,893
Aug. 27, 2016 08:45 AM EDT Reads: 760
Aug. 27, 2016 08:00 AM EDT Reads: 609
Aug. 27, 2016 07:45 AM EDT Reads: 793
Aug. 27, 2016 07:45 AM EDT Reads: 672