3 Healthcare Stocks to Buy and Hold for the Next 10 Years
If you want solid healthcare stocks that will be worth buying and holding for the next 10 years, you need to set the bar pretty high. I'm looking for pharmaceutical companies that had growth in revenue or earnings per share (EPS) in 2022, are expecting additional growth in 2023, and have new therapies that will deliver earnings growth for years to come.
I'm looking for companies like Bristol-Myers Squibb (NYSE: BMY), Vertex Pharmaceuticals (NASDAQ: VRTX), and Eli Lilly (NYSE: LLY).
All three stocks are up over the past year. They easily outpaced the S&P 500 average's performance -- it was down more than 8% over the trailing-12-month period -- and I believe they have more growth ahead.
Source Fool.com