Healthcare As A Defensive & Reopening Play: JNJ, PFE

Published: March 28, 2022, 4:04 p.m.

b'"My base case remains that a recession this year is a low probability given continued pent-up demand, strong labor market, and strong corporate profits," states Hank Smith. Currently, he likes the healthcare sector as both a defensive and a reopening play. Smith provides his healthcare stocks to watch, which include Johnson & Johnson (JNJ) and Pfizer (PFE).'