3 Relatively Safe Healthcare Growth Stocks You Can Buy and Hold
When the stock market is highly volatile, many investors flock to assets that offer stability but dismal growth prospects. However, you don't necessarily have to sacrifice growth for safety.Three Fool.com contributors believe they've identified relatively safe growth stocks in the healthcare sector that you can buy and hold. Here's why they picked Amgen (NASDAQ: AMGN), Eli Lilly (NYSE: LLY), and Vertex Pharmaceuticals (NASDAQ: VRTX).David Jagielski (Amgen): Given the fragility of the markets of late, investors should be paying close attention to valuations, especially for growth stocks. Drugmaker Amgen may be an optimal one to be hanging on to right now, due to the strong mix of value, growth, and dividends it offers.Continue reading
When the stock market is highly volatile, many investors flock to assets that offer stability but dismal growth prospects. However, you don't necessarily have to sacrifice growth for safety.
Three Fool.com contributors believe they've identified relatively safe growth stocks in the healthcare sector that you can buy and hold. Here's why they picked Amgen (NASDAQ: AMGN), Eli Lilly (NYSE: LLY), and Vertex Pharmaceuticals (NASDAQ: VRTX).
David Jagielski (Amgen): Given the fragility of the markets of late, investors should be paying close attention to valuations, especially for growth stocks. Drugmaker Amgen may be an optimal one to be hanging on to right now, due to the strong mix of value, growth, and dividends it offers.