GH - 1 Beaten-Down Healthcare Stock to Buy and Hold For 10 Years
2023-10-11 09:53:00 ET
Equity markets tend to be volatile and unpredictable over short periods of one year or less. But over five years or more, things change. Indexes usually show sustained growth the more one zooms out. Of course, that doesn't mean every stock delivers excellent returns -- some pull the market up, while others drag it down.
However, finding corporations in the former category and holding onto their shares for a long time can be one of the keys to increasing one's wealth on the stock market. With that said, let's look at one company that hasn't performed well over the trailing-12-month period but could deliver outsized returns in the next decade: Guardant Health (NASDAQ: GH) .
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1 Beaten-Down Healthcare Stock to Buy and Hold For 10 Years