After buying Ramsey Healthcare on the recent pullback to $68.50, we now look to take profit at today’s price levels.
Within the healthcare space, we continue to like SHL, RMD, CSL and Ramsey Healthcare. Although, they’re starting to look a little expensive from a PE perspective.
Trimming profits with a view to buying back in on a pullback makes sense, or selling tight covered call options at current price levels.