Investing in global healthcare stocks has been profitable since 2015, but such trends can move in cycles that investors might do well to recognize. Recognizing the cycle can provide insight into why certain healthcare stocks may over- and underperform the market. While the recent success of noted healthcare hedge fund Glenview Capital might epitomize the rise of the healthcare trade, is now the time to bet against the crowd and selectively pick on the short side? Lakewood Capital Management might think so. In an October 24 letter to investors reviewed by ValueWalk, fund manager Anthony Bozza offered four new stock picks, two of them picking apart healthcare stocks on the short side.
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