Deutsche Bank: Expects the U.S. will not cut Medicaid, recommends bottom-fishing in the U.S. healthcare facilities sector

Deutsche Bank advises investors to buy U.S.-listed hospital stocks, expecting that the U.S. Congress will not cut Medicaid. Analyst Pito Chickering pointed out that hospital stocks have been sold off due to unclear budget policies, but as policies become clearer, hospital stocks are expected to rebound. Although hospitals face pressures from rising costs and labor shortages, and Medicaid is a major source of income, there is no senator supporting cuts to Medicaid benefits, making it unlikely that the situation will change in the future