Morningstar: Time to buy beaten-down healthcare stocks before rebound

Morningstar: Time to buy beaten-down healthcare stocks before rebound

CFOTO/Future Publishing via Getty ImagesThis post originally appeared in the First Trade newsletter.You can sign up for Business Insider's daily markets newsletter here.Healthcare stocks have been among the worst-performing sectors over the last year. But Dominic Pappalardo, the chief multi-asset strategist at Morningstar Wealth, thinks the sector is poised for a turnaround.During a recent conversation we had, he shared a compelling chart showin…