2 Healthcare Stocks to Buy in 2021 and Hold for the Next Decade
When choosing a health stock to hold for a decade, I'm looking for its ability to grow revenue for that period of time or longer. It's also important to look at the profitability situation. If the company is clinical-stage, we can accept losses in favor of investment in growth. If the company has at least a few commercialized products, we'll want to see profit now, or a path to it down the road.
Here, I'm choosing two established players that have a track record of revenue and profit. And they both have newish products that will drive sales for many years to come. Let's take a closer look.
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Source Fool.com
