Worst is over for the pharma sector. What investors should do

Retail investors prefer to invest in stocks, sectors and themes whose recent performance tends be good and avoid those with poor recent records, expecting their respective good and bad runs to continue forever. This is a flawed strategy. The BSE Healthcare Index has fallen 18% over the past three years and the pharmaceuticals sector is in doldrums now. Its paltry 2% compound annual growth rate over the past five years is another reason why investors have been avoiding this sector. However, exper .. 

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