US health care stocks are the ‘only’ sector with long-term potential, says Peter Yiu of Charles Schwab. Photo: AFPUS health care stocks are the ‘only’ sector with long-term potential, says Peter Yiu of Charles Schwab. Photo: AFP
US health care stocks are the ‘only’ sector with long-term potential, says Peter Yiu of Charles Schwab. Photo: AFP

Ignore ‘short-term noise’ like coronavirus, Hong Kong protests and focus on US health care stocks, says Charles Schwab

  • The American bank and brokerage says US health care is the only sector guaranteed to generate long-term growth as an ageing population ensures demand
  • Hong Kong’s civil unrest and the Covid-19 crisis are merely ‘noise’ in the market and investors should not let ‘knee-jerk reactions’ affect their long-term financial planning, says managing director Michael Fong
Topic |   Hong Kong protests
US health care stocks are the ‘only’ sector with long-term potential, says Peter Yiu of Charles Schwab. Photo: AFPUS health care stocks are the ‘only’ sector with long-term potential, says Peter Yiu of Charles Schwab. Photo: AFP
US health care stocks are the ‘only’ sector with long-term potential, says Peter Yiu of Charles Schwab. Photo: AFP
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