3 Reasons to Buy Vertex Pharmaceuticals Stock Like There's No Tomorrow
Most investors are happy if a stock doubles within four or five years. Vertex Pharmaceuticals (NASDAQ: VRTX) shareholders should be ecstatic. Its share price has skyrocketed 140% over the last three years.
But the impressive run for this biotech stock is far from over. Here are three reasons to buy Vertex Pharmaceuticals stock like there's no tomorrow.
I can't think of many companies with a more resilient business than Vertex. The drugmaker should be able to rake in money quarter after quarter regardless of what happens with the economy. That's easy to do when you enjoy a monopoly in treating a genetic disease that can be life-threatening.
Source Fool.com
Vertex Pharmaceuticals Inc. Stock
€448.50
0.990%
The stock is one of the favorites of our community with 58 Buy predictions and 2 Sell predictions.
With a current price of 448.5 € Vertex Pharmaceuticals Inc. is right around the predicted target price of 450 €.
