Malcolm Graham
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Malcolm Graham in Analytics & more!,

​Health care and tech bull run to continue?

While the S&P and other major indexes declined slightly in September, health care and technology shares continued their outperformance of broader markets. As earnings season draws near, these two sectors are also expected to show some of the best earnings-growth rates.

According the FactSet, the health-care sector is expected to grow earnings by 10.6% in the third quarter of 2014, and the technology sector is expected to grow earnings by 9.8%. This compares very well to the overall S&P earnings growth rate of 4.7% — which has been declining as a result of significant downward revisions to the energy sector and lowering of estimates in the financial sector.