RFK Jr.'s Anti-Fluoride Campaign Boosts Dental Stocks, Sparks Debate
Shares of dental care supplier Henry Schein surged 7.5% as investors speculated that Robert F. Kennedy Jr., nominated as Health and Human Services secretary by President-elect Donald Trump, might advocate for removing fluoride from U.S. water systems. This potential policy change is expected to increase demand for dental products, benefiting companies like Henry Schein, Dentsply Sirona, and Envista. The market reacted to Kennedy's nomination, with dental stocks rising while pharmaceutical and processed food stocks faced pressure due to Kennedy's controversial health views.