Last year was ultimately pretty dull for the stock market, as the benchmark S&P 500 Index ended little changed despite increased volatility.
Health care, however, outperformed the broader market and all but one other sector: consumer discretionary.
That means shares of manufacturers of medical supplies and devices appear fully valued at the start of 2016, but there are still a number of good growth opportunities, according to Jefferies Group analyst Raj Denhoy.
