Flaunt Weekly
HomeEntertainmentTime to back health care? [Video]
Time to back health care? [Video]

Time to back health care? [Video]

The 14th highest revenue-generating company in the US is Cardinal Health. The company has a wide range of health care services and health care as a sector can often be well place to ride out a recession. Why? This is because health matters are often prioritised when it comes to the spending habits of consumers. With the US expected to fall into a recession shortly is Cardinal Health worth backing? With over 50% gains in the last 6 months can those gains continue?

Cardinal Health has some decent seasonals. Between January 11 and February 19, Cardinal Health has gained 11 times with an average return of 4.23%. Is this now the time to back Cardinal Health?

Major trade risks:The major trade risk here is that bad news impacts Cardinal Health or a very deep recession reduces US consumer spending power to a greater extent than expected.

height=”360″ src=”https://www.youtube.com/embed/mXwMt53xnQU?rel=0″ width=”640″>


Learn more about HYCM

High-Risk Investment Warning: Contracts for Difference (‘CFDs’) are complex financial products that are traded on margin. Trading CFDs carries a high degree of risk. It is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent expert advice if necessary and speculate only with funds that you can afford to lose. Please think carefully whether such trading suits you, taking into consideration all the relevant circumstances as well as your personal resources. We do not recommend clients posting their entire account balance to meet margin requirements. Clients can minimise their level of exposure by requesting a change in leverage limit. For more information please refer to HYCM’s Risk Disclosure.*Any opinions made in this material are personal to the author and do not reflect the opinions of HYCM. This material is considered a marketing communication and should not be construed as containing investment advice or an investment recommendation, or an offer of or solicitation for any transactions in financial instruments. Past performance is not a guarantee of or prediction of future performance. HYCM does not take into account your personal investment objectives or financial situation. HYCM makes no representation and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast, or other information supplied by an employee of HYCM, a third party, or otherwise. Without the approval of HYCM, reproduction or redistribution of this information isn’t permitted.

Read More

Greg Aftayev

Greg Aftayev is a Journalist at Flaunt Weekly Covering Tech News.

Magazine made for you.