Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
Two healthcare leaders, which one is best to own?
Insulet Corporation
Long
Two healthcare leaders, which one is best to own?
By dpuleo19
Follow
Follow
Dec 1, 2022
1
Dec 1, 2022
PODD
&
DXCM
are leading the sectors recovery.
Both are in the Medical Products Industry for diabetes.
Insulent (PODD) normally outperforms DexCom (DXCM) during and after a correction. Then, when they are in sustained uptrends, DXCM outperforms.
For the recent correction, PODD has a -45% deep base while DXCM has a -58%.
PODD bottmed 4 weeks before DXCM, but DXCM has rallied +74% and PODD +65% since.
So, it really depends on your strategy. If you are looking for aplha then
DXCM
is the stock for you but, if you prefer low beta then
PODD
is better.
Remember that aplha plays in both ways!
Which are you trading?
I'll trade the first that makes a new high.
Chart Patterns
diabetes
DXCM
healthcare
Technical Indicators
PODD
Trend Analysis
dpuleo19
Follow
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.