3 Magnificent Growth Stocks to Buy Right Now
In a sense, every investor is a growth investor. If you focus on valuation, you want to find bargain stocks that will grow more in the future than in the past. If you're looking for income, you'll still like for your dividends to grow. And, of course, the textbook example of a growth investor loves growth.
Three Fool.com contributors have picked what they think are magnificent growth stocks to buy right now in the healthcare sector. Here's why they chose (NYSE: ABBV), Eli Lilly (NYSE: LLY), and Vertex Pharmaceuticals (NASDAQ: VRTX).
David Jagielski (AbbVie): AbbVie is an undervalued growth stock that I think could be a fantastic long-term buy right now. The stock might get overlooked by some investors due to its seemingly underwhelming results and its hefty price-to-earnings ratio of 63. However, recent expenses related to acquisitions have weighed on the company's earnings numbers and make those numbers look worse than they otherwise would be.
Source Fool.com
AbbVie Inc. Stock
The stock is an absolute favorite of our community with 21 Buy predictions and no Sell predictions.
As a result the target price of 174 € shows a slightly positive potential of 14.02% compared to the current price of 152.6 € for AbbVie Inc..
