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2 Best Pharma Stocks to Buy Right Now

TheMotleyFool

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For much of 2020, pharma stocks lagged compared to the S&P 500. While the equities index rose by 17% over the past year, the pharma industry benchmark only appreciated by about 11%. But for those with a contrarian mindset, it can pay off to look into stocks when their overall sector is underperforming. You may even find some diamonds in the rough.

Indeed, while its competitors were slowing, two pharma stocks have made investors wealthy. The global pharma industry is set to grow by 3% to 6% per year and be worth over $1.5 trillion by 2023, according to research from Reportlinker. Let's look at why these stocks are a safe bet on the trillion-dollar industry.

Image source: Getty Images.

Source Fool.com

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