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Time right for Healthcare iShares?

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trof Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-27-08 07:04 AM
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Time right for Healthcare iShares?
A couple of years ago I saw the handwriting on the wall and bought some Natural Resources iShares in my IRA and in my wife's. The growing demand for raw materials looked like a lock to me.

These iShares are invested in a wide range of 'extraction' companies; oil production, mining, timber, etc. They have done quite well, even throwing off some dividends once in a while.

Now I read that health care costs are expected to double by 2017.
Healthcare iShares have been in an upward trend since their inception, but with a slight downward drift recently. Right now they're selling at about the midway point between the 52 week high and low at around $55 per share. It looks like another lock to me.

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A HERETIC I AM Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-27-08 09:48 AM
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1. Which of the iShares are you looking at? Barclays offers 6 in that sleeve.
S&P Global Healthcare Sector Index Fund (IXJ)             closed yesterday @  $55.97

Dow Jones U.S. Healthcare Providers Index Fund (IHF) " $57.45

Dow Jones U.S. Healthcare Sector Index Fund (IYH) " $67.33

Dow Jones U.S. Medical Devices Index Fund (IHI) " $58.74

Dow Jones U.S. Pharmaceuticals Index Fund (IHE) " $52.24

Nasdaq Biotechnology Index Fund (IBB) " $77.75


Barclays iShares website;
http://www.ishares.com/home.htm
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trof Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-28-08 06:55 AM
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2. Probably the global.
But I need to do some more research.
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