Healthcare equipment stocks seem undervalued; global healthcare ETF lags U.S. peers with higher fees.

Fred Piard highlights that healthcare equipment stocks appear undervalued, while life science tools show weaker quality metrics. The iShares Global Healthcare ETF offers broad global exposure but has underperformed the U.S.-focused XLV ETF both in the short and long term, partly due to a higher expense ratio. Piard also notes 10 healthcare stocks trading cheaper than their peers as of June, providing potential value opportunities for investors. This analysis is part of a monthly series focusing on healthcare sector value, quality, and momentum metrics.