JNJ - 2 Rock-Solid Pharma Stocks That Won't Flinch if the Market Crashes
Given the massive amounts of uncertainty in the market right now, prudent investors should plan ahead to protect their portfolios against the next crash. Of course, finding an affordable safe harbor at the same time as everyone else is easier said than done, especially when the market is loitering near its all-time highs. So it's necessary to get a bit creative by delving into sectors that might not be considered the most stable in normal times, like the biopharma industry.
Unlike many other pharma stocks, the pair of companies that I'll be discussing today have two critical properties for investors seeking safety: sound fundamentals and recent demonstrations of resilience during a crash. Past performance may not predict future results, but both of these stocks have a plethora of diverse opportunities for growth, meaning that even if their prices take an unexpectedly large hit during a crash, a quick recovery could be right around the corner.
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