Sector rotation is under way.
The new winner is healthcare. And the contract research organizations. Names in this particular sector are Parexel (ticker: PRXL), Icon (ticker/ ICLR), CRL (Charles River Laboratories) and Covance (ticker: CVD).
As the Obama government starts to give more and more details on their plans for Medicare , investors seems to be tempted to buy these names.
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The new winner is healthcare. And the contract research organizations. Names in this particular sector are Parexel (ticker: PRXL), Icon (ticker/ ICLR), CRL (Charles River Laboratories) and Covance (ticker: CVD).
As the Obama government starts to give more and more details on their plans for Medicare , investors seems to be tempted to buy these names.
so why the shares of parexel are going down?
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