Is Healthcare awakening from its slumber?

MM has been looking for a recovery by the defensive sectors over recent sessions and its slowly been playing out but the big question is do we believe the likes of Healthcare will rally or simply outperform some hot value stocks that have soared in 2021 – one of the reasons MM took profit from our OZ Minerals (OZL) holding last week. At this stage we like the idea of some selective buying especially as MM currently has a relatively small exposure to the sector through Ramsay Healthcare (RHC) i.e. the Healthcare Sector is almost 10% of the ASX200 but our Flagship Growth Portfolio only has 4% exposure through RHC.