All-Time-High Stocks: Healthcare Sector Cannot be Ignored!

WallStreet_Tiger
06-05

Yesterday, $NVIDIA Corp(NVDA)$ hit another all-time high, achieving a 135% YTD increase. Besides the highly sought-after NVDA in the market, these companies also reached new highs yesterday.

  • $Eli Lilly(LLY)$ is a global pharmaceutical company focused on developing innovative medicines for serious diseases.

  • $Novo-Nordisk A/S(NVO)$ is a leading global healthcare company specializing in diabetes care and other chronic diseases.

$Eli Lilly(LLY)$ and $Novo-Nordisk A/S(NVO)$ surged due to the booming popularity of weight-loss drugs.

After achieving over 50% growth last year, they have risen more than 35% this year. The weight-loss drug sector may not be as alluring as AI, but it is considered a safe play.

  • $Costco(COST)$ operates a global chain of membership-only warehouse clubs. COST has been continuously climbing over the past two years, reaching $800, and is likely to be the next company to split its stock.

  • $McKesson(MCK)$ is a major American pharmaceutical distributor and healthcare information technology company.

  • $Royal Caribbean Cruises(RCL)$ is a global cruise vacation company that owns and operates several cruise brands. The robust consumer demand and pricing power are reflected in its growing gross profit margins

Which stock do you favor most?

Market Pullback Begins? Sell or Hedge?
After reaching a high of 5341, the market began to pull back, closing at 5266 points last night. ---------------------------- Having reached the target ahead of schedule, what will happen in the market in the next 7 months? Following the new high in May, where will the market retrace to next? Will you sell stocks to take profit or hedge? Or will you hold firm?
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