Category: Trading

Healthcare Stocks Are Headed Higher

Three days of arguments before the Supreme Court have made it abundantly clear – “Obamacare” is in danger of being gutted or completely wiped off the books.

Only one thing’s for sure. Investors will want to keep buying healthcare stocks -especially as 10,000 baby boomers a day turn 65 years old for the next 20 years.

But there’s one segment of the healthcare sector that will be sitting in the driver’s seat when it comes to delivering healthy profits and investment returns – no matter how the court rules.

These High-Tech IPOs Are Fueling the Nasdaq Rally

From the depths of the 2009 bottom, the Nasdaq is up 139%, hitting levels it hasn’t seen in more than 10 years.

In the last three months alone, the bellwether index is up nearly 19% — outpacing the 12% gain in the S&P 500.

But here’s the thing: It’s not all about Apple.

The high-tech IPO market is practically on fire. One of them is Jive Software (NASDAQ: JIVE).

Since Jive debuted last December, shares have jumped 25% from the offering price on the first day.

Since then, the stock has done nothing but power ahead. At the close of trading Thursday, Jive had nearly doubled in less than four months!