2 No-Brainer Healthcare Stocks to Buy With $1,000 Right Now
There are many ways to spend $1,000. One could buy a brand-new flat-screen television, play the lottery, or keep it in a savings account. For people trying to increase their capital, though, investing in stocks easily beats out all three of those options -- provided, of course, that investors can pick the right companies to invest in.
For those with $1,000 to spare, let's consider two healthcare stocks worth investing in and holding onto for a long time: Vertex Pharmaceuticals (NASDAQ: VRTX) and HCA Healthcare (NYSE: HCA).
One key to success for biotech companies is to constantly develop novel therapies that are superior to the existing standards of care. Vertex has mastered this art. The drugmaker markets the only medicines that address the underlying genetic causes of cystic fibrosis (CF), a rare disease of the lungs. It isn't as though other companies haven't tried to crack this nut, but so far, all have failed.
Source Fool.com
Vertex Pharmaceuticals Inc. Stock
The stock is one of the favorites of our community with 55 Buy predictions and 2 Sell predictions.
On the other hand, the target price of 450 € is below the current price of 462.0 € for Vertex Pharmaceuticals Inc., so the potential is actually -2.6%.
