2 Excellent Stocks to Buy and Hold Forever
Being a buy-and-hold investor has advantages. For instance, it can be less stressful than day trading, and the combination of time and compounding is a powerful wealth generator. However, with hundreds of options, it can be a challenge to figure out which stocks to buy for the long term. Turning to the healthcare sector is a good idea since medical care will still be in high demand 50 years from now, as it has always been.
Let's look at two healthcare companies whose shares are worth buying and holding on to for good: Vertex Pharmaceuticals (NASDAQ: VRTX) and Novartis (NYSE: NVS). These stocks will appeal to different types of investors. Let's dig in.
Vertex Pharmaceuticals has been an outstanding performer over the past decade. Its stock price is up significantly, and revenue and earnings have skyrocketed, too, all thanks to its success in treating a rare disease called cystic fibrosis (CF).
Source Fool.com
Vertex Pharmaceuticals Inc. Stock
With 55 Buy predictions and 2 Sell predictions Vertex Pharmaceuticals Inc. is one of the favorites of our community.
However, we have a potential of -3.43% for Vertex Pharmaceuticals Inc. as the target price of 450 € is below the current price of 466.0 €.
