2023-04-04 09:12:00 ET
Trying to time the market doesn't really work. The best way for retail investors to earn dependable returns is by investing for the long term in solid companies that are temporarily out of favor.
Eli Lilly 's (NYSE: LLY) shares are down 4% this year (after falling as much as 15% at one point last month), while Johnson & Johnson (NYSE: JNJ) stock has fallen over 12%, and Merck (NYSE: MRK) is down 2% in 2023.
All three healthcare companies spend heavily on research and development (R&D), allowing them to use their pipelines to continually replace older drugs that are losing patent protection. In addition, all three have consistently raised their dividends :
For further details see:
3 Top Healthcare Stocks to Buy for April