Sector Rotation: LLY Breaks $1,000, UNH Rebounds: Shift to Value Stocks?
DJIA, representing the traditional economy, surged strongly to notch its 16th record closing high of the year, while the tech-heavy Nasdaq Composite ended lower.
On Wednesday, Eli Lilly jumped to $1,017, hitting another all-time high with its market cap nearing $1 trillion! UnitedHealth has surged 5.8% over the past two days.
As tech stocks rotate into value plays, have you caught this sector rotation?
With Eli Lilly breaking new highs, is Novo Nordisk now undervalued?
Do you believe UNH’s rebound has more room to run?
Besides healthcare, which other value stocks are climbing lately?