Analysts are long-term bullish on the health care sector. Aging Baby Boomers will keep demand high for all types of medical products and services. The controversial "Obamacare" program will also boost demand by making health care more affordable. This has created a huge tailwind for medical stocks.
One company positioned to benefit from this long-term trend is Becton-Dickinson (NYSE: BDX). The medical-device company makes everything from syringes and diabetes-care products to catheters and medical disposal systems. And Becton-Dickinson has a fantastic history of raising its dividend (40 years in a row and counting).
Like many of its industry peers, shares of Becton-Dickinson are soaring right now. The stock has gained 41% since this time last year... and just hit a new all-time high. If analysts' thesis is right, the gains in health care stocks like Becton-Dickinson will continue.