Investing in the biotechnology industry can be difficult because of how volatile biotech stocks can be. News stories based on drug research, FDA approvals, and trial results can send shares soaring or plummeting in just days.
But the sector does offer solid long-term moneymakers if you know where to look...That's why we've found the best long-term stocks to buy today in biotech.
Investing in the biotechnology industry can be difficult because of how volatile biotech stocks can be. News stories based on drug research, FDA approvals, and trial results can send shares soaring or plummeting in just days.
But the sector does offer solid long-term moneymakers if you know where to look...That's why we've found the best long-term stocks to buy today in biotech.
One of the key parts of a successful wealth-building strategy is finding the best long-term stocks and holding them for years.
Solid long-term stocks let you collect gains steadily for five, 10, or 20 years while you focus on finding other investments and opportunities. You can check in with them every quarter and see if anything has changed or adjust your holdings if your investment priorities are different. But for the most part, they are low maintenance, low risk, and high reward.
Now, we've picked three of the best long-term stocks on the market today. Each of these three stocks are leaders in their respective industries. They also have solid balance sheets and growth projections.
One just saw its revenue jump 40% in the most recent quarter. Another has annual revenue of $226 billion with gross profit margins near 40%. The third expects its industry to fill $5.2 trillion worth of orders in the next two decades.
