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Eli Lilly and Company (LLY)
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UnitedHealth Group Incorporated (DE) (UNH)
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Veeva Systems Inc. Class A (VEEV)
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WELL Health Technologies Corp. (WELL)
Q: Hi Team,
Currently for healthcare exposure I own VEEV and WELL. I was considering replacing VEEV with either LLY or UNH. Would this be advisable? If so, which one would you recommend? Also, regarding Well would you recommend continuing to hold it; or selling it to make a switch for either LLY or UNH as well? What sort of mix here would you recommend? I am looking for long term growth here. Lastly...do you see the healthcare sector in general to be a good place to be right now?
Thanks,
Shane.
Currently for healthcare exposure I own VEEV and WELL. I was considering replacing VEEV with either LLY or UNH. Would this be advisable? If so, which one would you recommend? Also, regarding Well would you recommend continuing to hold it; or selling it to make a switch for either LLY or UNH as well? What sort of mix here would you recommend? I am looking for long term growth here. Lastly...do you see the healthcare sector in general to be a good place to be right now?
Thanks,
Shane.
5i Research Answer:
We would be quite comfortable with a VEEV to LLY switch. We still think WELL is a decent small cap name to own/hold. We think investors still could add UNH for more diversity but do not see WELL as a sell. Healthcare we think looks fine as sector. It may see some election volatility as it is always a hot political topic. In terms of weighting we would weight WELL lower due to its much smaller size and higher risk.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in VEEV.