The Motley Fool Singapore
3 Healthcare Stocks That Provided Double-Digit Year-to-Date Returns
The healthcare sector is a great place to find stable investments with long-term growth, given that this sector is somewhat recession-proof (along with education) because there is always consistent demand for healthcare services. Healthcare has many subsets, from medical devices to hospital services, and it encompasses a range of different disciplines and specialities. Singapore Exchange Limited, or SGX, highlighted a list of 19 healthcare companies on the exchange with total market capitalisations of more than S$20 billion. Over the last seven months (up till 31 July 2019), the 10 largest healthcare services providers averaged a total return of 5.7% (including both capital gains and dividends). Here are three healthcare stocks that registered the highest total return year to date (YTD).