1 Sector Getting a Boost From Obamacare

Cisco Systems, Inc. (NASDAQ:CSCO) is another pick that isn’t truly a medical device maker but could still piggyback off the underlying drivers behind the growth of home monitoring. The big technology company’s Telepresence video conferencing product should see strong growth as the telemedicine video telecommunications market picks up steam over the next several years.

Keep in mind that all of these companies have other parts of their business models that could negate any wins scored from increased use of consumer medical devices. There’s also the possibility that the growth of home monitoring and use of consumer devices might not take off as quickly as many expect. Even with these caveats, though, these trends seem quite likely to gain traction. And at least part of the thanks just might be owed to a seemingly unlikely benefactor — Obamacare.

The article 1 Sector Getting a Boost From Obamacare originally appeared on Fool.com.

Fool contributor Keith Speights has no position in any stocks mentioned. The Motley Fool recommends Cisco Systems and Johnson & Johnson. The Motley Fool owns shares of Johnson & Johnson, Medtronic, and Qualcomm.

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