Today on the show, we welcome Portfolio Manager Alex Gold. He discusses his outlook for the global health care sector in 2024, and the themes he’s watching this year. Alex shares that a major theme he has seen so far in the year is increased utilization of hospital services. This differs from a few years prior, where many were hesitant to check into hospitals during the majority of Covid-19. Last year healthcare was among the worst performing S&P subsectors, although the global market is expected to jump from 750 million people to around one and half billion. Because of this, Alex believes there is an opportunity to invest in healthcare’s long term structural growth. Alex also notes that the subsidies on the stage of valuations is another huge healthcare theme, primarily due to the major Nordic drug companies that are connected to weight loss products.

Recorded January 30, 2024.

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