Healthcare Stocks Are Sinking. Here Are 2 to Buy on the Dip.

There are almost always some companies doing well, even when competitors in the same industry are sinking. Right now, investor enthusiasm has GLP-1 weight loss drug leader Eli Lilly (NYSE: LLY) riding high, with a lofty price-to-earnings ratio of 46. Its dividend yield is a tiny 0.6%(in part, because of its strong share-price performance). The sinking shares of competitors Novo Nordisk (NYSE: NVO) and Pfizer (NYSE: PFE) will be much more attractive if you are a contrarian, have a value bias, or are a div ...