LifeHealthcare: retail therapy

This medical products distributor enjoys some of the same tailwinds as the healthcare sector and, what's more, it’s going cheap. But looks can be deceiving.

If you could have picked one sector to invest in 10 years ago, it should have been healthcare. The S&P/ASX 200 Health Care Index increased 283% over the past ten years compared to a rise of just 35% for the All Ordinaries. It beat every other sector hands down.

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