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Is Merck Stock a Buy?

TheMotleyFool

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Is Merck Stock a Buy?Photo, wide shot, wide-angle lens, Pharmaceutical company, Midday, harsh overhead sunlight, directional sunlightt, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/7ae4a134-dd01-4c80-a621-18399f5a2541.png

Many drugmakers suffered at the height of the pandemic as sales volumes for prescription drugs decreased. Pharma giant Merck (NYSE: MRK) was one of those companies that saw financial results took a hit due to the outbreak. As a result, the company's shares have significantly lagged the market in the past year.

However, a couple of recent developments could help Merck turn things around. With that as a backdrop, let's look at Merck's overall business and decide whether it is worth buying the company's shares today.