VRTX - Got $1000? 2 Incredible Growth Stocks to Buy and Hold Forever
2024-07-14 09:15:00 ET
Growth stocks aren't created equal, but great businesses can stand the test of time in a portfolio and reward shareholders many times over through the years. Healthcare stocks with strong business profiles, robust revenue growth, and healthy profits can offer greater reliability through various market cycles.
No industry is totally impervious to market dynamics, but healthcare companies as a whole are broadly more resilient in difficult times given the essential needs they serve for patients and customers. If you're looking for growth-oriented healthcare stocks to add to your portfolio right now, here are two names you won't want to miss.
Vertex Pharmaceuticals (NASDAQ: VRTX) has had a banner year so far. It launched the world's first CRISPR therapy (a potential one-time functional cure for two rare blood disorders) and is experiencing steady growth from an existing portfolio of market-leading medicines. If you're not familiar with this company, it's the leader in the cystic fibrosis therapeutics market and is the only one that has drugs approved to treat the root cause of this genetic disease.
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Got $1,000? 2 Incredible Growth Stocks to Buy and Hold Forever