http://www.benzinga.com/etfs/sector-etfs/13/12/4161749/etf-outlook-for-tuesday-december-17-pej-ihi-dia-carz-sbux
Leerink Swann, a firm specializing on health care companies released a research note on the medical device sector. Some of its top names for 2014 in what they call the MedTech space include Heartware, Covidien, St. Jude Medical and Intuitive Surgical.
All four stocks are in IHI with the last three falling into the top eight holdings for the ETF. In the face of potentially higher fees for medical devices from Obamacare, the ETF has been able to continue moving higher, hitting an all-time high a couple weeks ago. If the ETF can hold support at $88 during the current pullback it will be yet another buying opportunity for IHI.
Read more: http://www.benzinga.com/etfs/sector-etfs/13/12/4161749/etf-outlook-for-tuesday-december-17-pej-ihi-dia-carz-sbux#ixzz2nkmhqrSe
http://www.benzinga.com/etfs/sector-etfs/13/12/4161749/etf-outloo...
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