2 Top Healthcare Stocks to Buy and Hold for the Long Haul
Market conditions change relatively frequently. Equities seemed to be doing fine a year ago, but the picture doesn't look so good now. However, the basic playbook of the long-term investor remains the same regardless of these changing dynamics: hold on to shares of excellent companies through thick and thin -- and even as the market is experiencing a downturn.
Let's look at two healthcare stocks worth buying today and holding on to for a long while: Intuitive Surgical (NASDAQ: ISRG) and Abbott Laboratories (NYSE: ABT).
Medical devices giant Intuitive Surgical has some critical attributes that companies need to succeed in the long run. Thanks to its da Vinci Surgical System, it is the leader in its industry, the robotic-assisted surgery (RAS) market. The company's business also benefits from a strong competitive edge. The da Vinci system typically costs between $500,000 and $2.5 million.
Source Fool.com
