Pharma Stocks Remain Undervalued Despite Clinton Loss

Pharmaceutical stocks rallied the day of Trump's victory. But they have since slumped back as the future for the sector remains unclear

Karen Kwok 29 November, 2016 | 11:47AM
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UK pharmaceutical stocks remain undervalued despite Democratic nominee Hilary Clinton losing the US election earlier this month.

Pharma stocks have lost value since the beginning of the year as sentiment towards the sector turned sour as then-favourite Presidential candidate Clinton promised to fight drug price hikes in her election campaign. 

While the threat of Clinton’s plan to have the government control drug prices has been eliminated following Donald Trump’s victory, pharma stocks are still trading lower than their fair estimate valued, according to Morningstar equity analysts.

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
AstraZeneca PLC8,795.00 GBP0.00Rating
GlaxoSmithKline PLC1,399.60 GBP0.00Rating
Hikma Pharmaceuticals PLC2,343.00 GBP0.00
Polar Capital Healthcare Opports R Inc65.22 USD0.23Rating

About Author

Karen Kwok

Karen Kwok  is a Reporter for