Health Care Sector in BUY mode versus Stoxx 600

Always interesting to look at the markets in a "relative" way. Something compared with something else.

Here is the Europe Health Care sector versus the Stoxx 600. It is built as a ratio. When the ratio comes up, it means that the sector (here it's Health Care) goes up more than the stoxx 600 or goes down less than the Stoxx 600.

For a fund manager, it is a great tool as he tries to beat an index. It is one way of doing thing.

As a matter of fact here, when you see this "defensive" sector starting an outperformance period, you should first get worries as it is often a sign of a toppish market and then see what are the stocks within this sector.

You should get interested into the following:

1. Novartis
2. GlaxoSmithKline
3. Roche Holding
4. Sanofi-Aventis
5. AstraZeneca
6. Novo Nordisk
7. Shire
8. Essilor
9. Fresenius

I also like Meda, Stada and a "challenger" that is the small "ACINO Holdings".