VRTX - Bull Market and Beyond: 2 Stocks Just Waiting to Soar
2024-07-15 07:15:00 ET
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.
For further details see:
Bull Market and Beyond: 2 Stocks Just Waiting to Soar