Got $500? 3 Pharma Stocks to Buy and Hold Forever
A sum of $500 might not seem like much of an investment, but if you select the right pharmaceutical stocks -- and are patient enough to hold them forever -- history shows you'll have a very high chance of ending up with many times more money than at the start.
With that in mind, let's examine three leading pharma stocks that are ripe for buying today and holding for the foreseeable future.
Vertex Pharmaceuticals (NASDAQ: VRTX) is worth buying today and holding forever because it has dominance in one of its core markets, cystic fibrosis (CF) therapies. This in turn gives it the resources it needs to take risks and diversify into other lucrative markets to stimulate more growth.
Source Fool.com
Vertex Pharmaceuticals Inc. Stock
€450.95
0.340%
With 58 Buy predictions and 2 Sell predictions Vertex Pharmaceuticals Inc. is one of the favorites of our community.
As a result the target price of 470 € shows a slightly positive potential of 4.22% compared to the current price of 450.95 € for Vertex Pharmaceuticals Inc..
