The Ultimate Healthcare Stock to Buy With $500 Right Now
Healthcare isn't the hottest sector these days. While the S&P 500 has soared nearly 21% over the last 12 months, healthcare stocks as a group are barely in positive territory. However, I remain convinced that investors can find great stocks to buy in the healthcare sector. One in particular stands out to me: Vertex Pharmaceuticals (NASDAQ: VRTX). Here are five reasons why Vertex is the ultimate healthcare stock to buy with $500 right now.Importantly, Vertex can bank on generating strong revenue and profits. Why? The company enjoys a legal monopoly. Only five drugs have been approved by the U.S. Food and Drug Administration (FDA) to treat the underlying cause of the rare genetic disease cystic fibrosis (CF). Vertex markets all of them. Continue reading
Healthcare isn't the hottest sector these days. While the S&P 500 has soared nearly 21% over the last 12 months, healthcare stocks as a group are barely in positive territory.
However, I remain convinced that investors can find great stocks to buy in the healthcare sector. One in particular stands out to me: Vertex Pharmaceuticals (NASDAQ: VRTX). Here are five reasons why Vertex is the ultimate healthcare stock to buy with $500 right now.
Importantly, Vertex can bank on generating strong revenue and profits. Why? The company enjoys a legal monopoly. Only five drugs have been approved by the U.S. Food and Drug Administration (FDA) to treat the underlying cause of the rare genetic disease cystic fibrosis (CF). Vertex markets all of them.
