Bull Market and Beyond: 2 Stocks Just Waiting to Soar
Any stock can have an impressive run, especially when broader equities are experiencing a bull market. Significantly fewer stocks can perform well through good and not-so-good times and deliver excellent returns over long periods. These are precisely the sort of corporations that long-term investors should seek out although they can be hard to find.
It's worth the effort, though, and to make the job a bit easier, here are two potential candidates: Vertex Pharmaceuticals (NASDAQ: VRTX) and Axsome Therapeutics (NASDAQ: AXSM). Both biotechs have important short-term catalysts and excellent long-term prospects that should help boost their stock prices.
Vertex Pharmaceuticals might look like an odd pick for a list of stocks ready to soar. The biotech has generally performed as well, if not much better, than the broader market. Thanks to its monopoly in the market for medicines that target the underlying causes of cystic fibrosis (CF), the drugmaker's financial results are solid and consistent.
Source Fool.com
Vertex Pharmaceuticals Inc. Stock
The stock is one of the favorites of our community with 59 Buy predictions and 2 Sell predictions.
With a target price of 450 € there is a slightly positive potential of 5.1% for Vertex Pharmaceuticals Inc. compared to the current price of 428.15 €.