It has been over a month and a half since the US House of Representatives passed its version of health care reform and today, the Senate passed its bill. Now the two bills must be reconciled and the debate will continue to heat up. Here are the biggest S&P Health Care gainers and losers over the past 6 months.
Since the start of July, the S&P 500 Health Care sector is up nearly 20%. The sector is also up 18% for the year, and has been lagging the overall S&P as investors have been waiting to see how the reform story unfolds. Nonetheless, there have been some health care stocks that have surged over the past 6 months. Top amongst them is the health care services company, Tenet Healthcare , up 96% since July 1 and up 380% on the year. Biotechs seem to have fared worst since the summer, taking 4 of the bottom 10 spots. Biotechs are also the worst performing healthcare subindustry on the year.
Here are the biggest S&P Health Care gainers and losers since the debate began to heat up this summer.
Top 10 S&P 500 Health Care Stocks Since July 1