To outperform the performance of the Standard and Poor’s (S&P) index is something to be impressed with. To nearly triple the performance put out by that index is in a category all of its own. This is particularly true considering the S&P had such a great year last year. However, that triple-up performance was what Highland Capital was able to put up on the scoreboard last year.
A lot of the performance came from Michael Gregory making excellent energy stock picks during that time period. He saw what he believed to be a bottoming out in oil prices, and had Highland Capital make investments in pipeline partnerships at that time. He was exactly right when it came to his timing of the market, and the earnings from those pipeline partnerships accounting for roughly half of the total return for Highland Capital last year. Read more at Biz Journals about Highland Capital.
What Is On the Horizon?
Such great picks by Gregory last year make a lot of people stand up and take notice of what he is doing for the year to come. They want an answer to what he believes will be the next set of winners in the stock market as he sees it. Fortunately, we have those answers.
Michael Gregory has identified the health care sector as the one to keep an eye on for the year 2018. Although the S&P index has still be on a tear for the last year, some of the sectors contained within it have not performed as well. Health care is one of those sectors. He says that stocks in the health care sector may be due for a rebound in the market.
Picking the laggards like this is not a revolutionary new strategy invented by Gregory or Highland Capital, but it is a strategy that does seem to work fairly well. After all, one might as well invest in the things that have not been as solid of performers in the past. It can provide for a much higher ceiling when it comes to perform of those stocks. Given that, it may be worth taking a look at this particular sector. Read this article at PR Newswire.