2 Beaten-Down Stocks Primed for a Comeback
Equity markets are said to be forward looking. However, sometimes they fail to look far enough into the future by reacting too harshly to the challenges some companies face in the present. The good news is that this often creates opportunities for astute investors to pick up shares of great companies with excellent prospects on the dip.
And that's precisely what we have with Novo Nordisk (NYSE: NVO) and Vertex Pharmaceuticals (NASDAQ: VRTX), two leading drugmakers that have significantly lagged the market this year.
Image source: Getty Images.
Source Fool.com
Vertex Pharmaceuticals Inc. Stock
The stock is an absolute favorite of our community with 44 Buy predictions and no Sell predictions.
With a target price of 472 € there is a positive potential of 32.16% for Vertex Pharmaceuticals Inc. compared to the current price of 357.15 €.