There's a new area of the stock market that's quietly crushing it - here are some simple trades that can get you in on the action

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There's a new area of the stock market that's quietly crushing it - here are some simple trades that can get you in on the action

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Reuters/Lucas Jackson

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  • Tech has gotten all the attention lately as stocks have hit record highs, and as the bull market has become the longest of all time.
  • But there are increasing signs that the bullish tide is shifting toward a new sector - one that appears to have great upside potential.
  • We break down a handful of simple, long-only trades that can help you get involved.

Stock investors have had a lot to celebrate lately.

The benchmark S&P 500 hit all-time highs on Monday, and the ongoing bull market just became the longest on record.

As traders assess their good fortune, they keep coming back to one major driver: the exceptional outperformance of tech stocks - particularly the mega-cap consortium known as FANG (Facebook, Amazon, Netflix, and Google).

But as the party has raged in tech, another industry has quietly assumed the role of top performer: healthcare.

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Consider this: Since the start of the third quarter, healthcare stocks in the S&P 500 have returned 10% - two full percentage points more than any other sector, including tech. ...

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