AXSM - 3 Unstoppable Stocks to Buy Right Now
2023-12-10 06:56:00 ET
What are some unstoppable stocks to buy right now? Three Fool.com contributors think they've found three stocks that qualify -- and they're all in the healthcare sector. Here's why they picked Axsome Therapeutics (NASDAQ: AXSM) , Eli Lilly (NYSE: LLY) , and Vertex Pharmaceuticals (NASDAQ: VRTX) .
David Jagielski (Axsome Therapeutics): One promising growth stock that investors may be overlooking today is Axsome Therapeutics. With a market capitalization of around $3.2 billion, this is still a fairly small biotech stock for investors to load up on before it gets much bigger.
What's promising for Axsome is that the business has a couple of great assets in its portfolio. This is no longer a clinical-stage company; Axsome is now consistently bringing in revenue. In the trailing 12 months, the company has reported more than $182 million in revenue. While its losses are higher than that total, investors have plenty of reasons to be bullish on the company's future.
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3 Unstoppable Stocks to Buy Right Now