Four large companies are preparing to spin off health-care units over the next year or so.
That could be good news for investors: stocks of newly independent health-care companies tend to outperform the overall market, according to Mike Bailey, director of research at FBB Capital Partners.
FBB Capital Partners is based in Bethesda, Md., and has about $1 billion in assets under management. Bailey joined the firm in 2015, after working as a health-care analyst at Legg Mason in Baltimore. He discussed all four planned separations in an interview on Sept. 13.
