Various experts claim smart investors should consider funneling money into healthcare stocks following the United Kingdom's departure from the European Union, according to Market Watch.
Here are five insights:
1. Dimitri Drone, global deals leader for pharmaceuticals and life sciences at PricewaterhouseCoopers, said Brexit may have a minimal effect on U.S. biotechnology companies, despite some other healthcare companies that may experience challenges obtaining fundraising and regulatory approval.
2. He argues certain pharmaceutical companies may benefit from UK's exit as the decision may lead to the deterioration of the pound, thereby increasing the relative value of the U.S. dollar.
3. Brexit additionally may not substantially impact hospitals and state providers, and the "modest negative impact" could involve buying opportunities if share price declines persist.
4. Those looking to invest should consider managed healthcare and healthcare facilitates, which are "relatively insulated from the European tumult."
5. Investors should center on companies including Aetna and HCA Holdings.
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