Discover the Top 3 Healthcare Stocks You Should Consider Buying and Holding Forever
Wednesday, 8 May 2024, 13:38
Top Healthcare Stocks for Long-Term Investors
Investing in healthcare stocks is a smart move for long-term investors. Particularly, healthcare giants like Johnson & Johnson, Abbott Laboratories, and Pfizer offer stable returns and strong growth potential over time.
1. Johnson & Johnson (NYSE: JNJ)
- Brands: Tylenol, Band-Aid
- Financials: AAA credit rating, 3.3% dividend yield
- Trading at a 14 times earnings discount
2. Abbott Laboratories (NYSE: ABT)
- Focus: Nutrition, diagnostics, medical devices
- Dividend Growth: 6.5% annually over the past five years
- Potential 9% annual earnings growth predicted
3. Pfizer (NYSE: PFE)
- Pandemic Business: Leading COVID-19 vaccine manufacturer
- Strategy: Acquiring new assets for growth
- Generous 6% dividend yield backed by healthy growth prospects
Investing in these healthcare stocks can lead to a surge in prices and secure your portfolio for long-term success in the innovation sector.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.