2 Healthcare Stocks You Can Buy and Hold for the Next Decade
Investors who focus on long-term opportunities in the stock market look for well-established companies that are already profitable and have a track record of revenue growth. Two wildly different healthcare companies that both fit that description are Vertex Pharmaceuticals (NASDAQ: VRTX) and (NYSE: MDT).
Vertex, a biopharmaceutical company founded in 1989, has improved annual revenue by 636% over the past decade. While it might be difficult for the biotech to continue that pace, its pipeline has the potential to easily drive growth for another decade.
Medtronic is a medical device company founded in 1949. Because of its large size, with more than 90,000 employees in 150 countries, it has seen less-meteoric annual revenue growth over the past 10 years -- roughly 83%.
Source Fool.com
Medtronic plc Stock
We see a rather positive sentiment for Medtronic plc with 7 Buy predictions and 1 Sell predictions.
With a target price of 92 € there is a slightly positive potential of 15.77% for Medtronic plc compared to the current price of 79.47 €.
