Was up 23.9% last month. Medtech has slumped for a while, but is rallying now as investors look for tech growth outside AI stocks. They reported a good quarter last week. Wished the PE were lower.
Curated by Allan Tong since 2019.
99+ opinions with 4.15 rating.
This pharma company is a major holding within XLV, but worth owning itself. The company just reported Q2 earnings, with total net revenues beating, bolstered by 10.2% sales growth. To replace its blockbuster drug, Humira, AbbVie launched Skyrizi which boasts global sales of $5.5 billion, and Rinvoq (global sales of over $2.5 billion). AbbVie's overall sales growth was 10.2%.
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