Baxter International

Again, because of the global threat of the  COVID-19 pandemic, some healthcare industry sectors have never been more alive. Many hedge funds have decided to bet, including London-based Veritas Asset Management, which amped up its stakes in many healthcare holdings.

Veritas has increased its investments in approximately six companies in the third quarter of 2020, including Baxter International. The Illinois-based brand accounts for 6.1 percent of the firm’s holdings. However, because of the health problem we are facing today, it still adversely affected the medical supply brand’s stock, probably because there was a decrease in demand for things non-coronavirus-related.