Got $5,000? Consider These 3 Leading Pharma Stocks
When it comes to the healthcare sector, investing in innovation comes with risk. In the technology sector, smaller companies have a reputation for being more flexible. But in healthcare, it's often the opposite, as small companies tend to have all their eggs in one basket, like a leading therapy program. Similarly, the most diversified competitors are often the largest -- and that means big pharma and innovation go hand-in-hand.
The three pharma companies I'll discuss today are working on high-impact medicines that could reshape the healthcare landscape if they succeed. Even if their most ambitious attempts fail, they each have a plethora of other projects to support their share prices, not to mention ongoing revenue from their products on the market. While it's unlikely that investors will get rich quickly by buying into such mature companies, buying $5,000 worth of any one of their stocks could be a great addition to a well-rounded portfolio.
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Source Fool.com
