The study looked at 11 separate industries from the S&P 500 index over the period 2010 to 2022.
Among the top performing healthcare stocks were Johnson & Johnson and UnitedHealthcare. The minimum return on investment averaged -2.7 percent while the maximum return averaged 41.5 percent.
The consumer discretionary sector is defined in the study as including “businesses that sell non-essential products and services that consumers may avoid without any major consequences to their well-being.”
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.