Reported about 16 hours ago
Major healthcare companies, including Johnson & Johnson and UnitedHealth Group, reported their Q3 earnings, with Mizuho's Jared Holz identifying three critical factors: healthcare utilization, the upcoming US presidential election, and Mergers and Acquisitions. Holz emphasized that healthcare utilization remains strong, indicating increased patient mobility and procedures, while the election may impact investor sentiment and Medicare rates. He also noted that pharmaceutical companies must pursue M&A to sustain revenue and earnings growth.
Source: YAHOO