Investing in healthcare has enjoyed support from favorable currency movements, as a weaker USD boosted overseas earnings for multinational drug companies. FX tailwinds may persist given current Fed policy cues. Some might wonder if such a lofty yield could be highly risky. I don't think so. Ares Capital has maintained or grown its dividend for 64 consecutive quarters (16 years). The company continues to generate strong cash flow that should allow it to extend that streak. From our origins as a small Wall Street partnership to becoming a global firm of more than 80,000 employees today, Morgan Stanley has been committed to clients and communities for 90 years. Investing in healthcare was lifted by stronger-than-expected April job growth in the sector, with 44,000 new healthcare positions created in the U.S., signaling capacity expansions for service providers and potential earnings upside.
