Valliere: Health care still has potential
However, the political headwinds could linger longer than many analysts expect.
“Obamacare is in trouble, and the announcement of huge premium increases will be embarrassing for the Democrats, who will urge adoption of a public option. Clinton will seek to change the subject — she targeted Mylan’s allergy drug pricing yesterday. She will be a headline risk for drug companies for months (or years) to come,” Horizon Investments Chief Global Strategist Greg Valliere said in a note Thursday.