Many people think the smartest investors are those who generate the best returns in a given year. They might be surprised to learn that isn't the case. It turns out long-term outperformance has little to do with returns in any single 12-month period. It's about balancing risk and reward over the long term. The natural next question is, "which stocks offer that?"
That's what we wanted to know when we asked three Fool contributors to what they thought were the smartest healthcare stocks to buy right now. Here's why they picked ResMed (NYSE: RMD) , Vertex Pharmaceuticals (NASDAQ: VRTX) , and Idexx Laboratories (NASDAQ: IDXX) .
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For further details see:
3 Smartest Healthcare Stocks to Buy With $1,000 Right Now