7 Best Pharmaceutical Stocks to Buy Now
Big pharma stocks gained impressively during the pandemic years for obvious reasons. However, with the pandemic in the rear-view mirror, the best pharmaceutical stocks continue to perform remarkably well. This is a welcome surprise, considering how the equities and other risky assets have taken a beating of late. Inflation, interest rate hikes and geopolitical tensions have weighed down market returns, but Big pharma seems to be an anomaly. Regardless of the pandemic, the pharmaceutical industry will continue to be driven by secular tailwinds such as population aging and growth. Reports suggest that the market could grow at an 11.34% CAGR from 2021 to 2028. This will likely result in an incredibly bright future for pharmaceutical companies. 7 Best Restaurant Stocks to Buy Now With that said, here are seven of the best pharmaceutical stocks worth investing in for the long haul. Ticker Company Recent Price AMGN Amgen $248.14 BMY Bristol-Myers Squibb $73.36 LLY Eli Lilly $322.32 VTRS Viatris $10.08 IBRX ImmunityBio $4.68 PFE Pfizer $50.83 GILD Gilead Sciences $61.69 Amgen ( AMGN ) Amgen (NASDAQ: AMGN ) is a biotech giant that makes use of living cells in the development of biological medicines.
7 Best Pharmaceutical Stocks to Buy Now
Big pharma stocks gained impressively during the pandemic years for obvious reasons. However, with the pandemic in the rear-view mirror, the best pharmaceutical stocks continue to perform remarkably well. This is a welcome surprise, considering how the equities and other risky assets have taken a beating of late. Inflation, interest rate hikes and geopolitical tensions have weighed down market returns, but Big pharma seems to be an anomaly. Regardless of the pandemic, the pharmaceutical industry will continue to be driven by secular tailwinds such as population aging and growth. Reports suggest that the market could grow at an 11.34% CAGR from 2021 to 2028. This will likely result in an incredibly bright future for pharmaceutical companies. 7 Best Restaurant Stocks to Buy Now With that said, here are seven of the best pharmaceutical stocks worth investing in for the long haul. Ticker Company Recent Price AMGN Amgen $248.14 BMY Bristol-Myers Squibb $73.36 LLY Eli Lilly $322.32 VTRS Viatris $10.08 IBRX ImmunityBio $4.68 PFE Pfizer $50.83 GILD Gilead Sciences $61.69 Amgen ( AMGN ) Amgen (NASDAQ: AMGN ) is a biotech giant that makes use of living cells in the development of biological medicines.