Got $500? 2 Pharma Stocks to Buy and Hold Forever.
2026-02-14 08:05:00 ET
Healthcare industry stocks are traditionally good hedges against technology and other growth stocks, because they tend to perform well when the larger stock markets do not.
But it depends on which industry. In the pharmaceutical or biotech industries, for example, some stocks tend to behave more like growth stocks. A nice feature of investing in the sector is the ability to find high-flying growth stocks and balance them out with more stable defensive stocks.
Even if you had just $500 to invest, I would probably look at one from each side and focus on those with plenty of long-term upside. Two good stocks to buy and hold for the long haul are Novo Nordisk (NYSE: NVO) and AbbVie (NYSE: ABBV) .
NASDAQ: ABBV
ABBV Trading
-0.45% G/L:
$206.915 Last:
3,277,380 Volume:
$206.265 Open:
