7 Reasons to Buy Vertex Pharmaceuticals Stock Now
Another quarter, another solid performance from Vertex Pharmaceuticals (NASDAQ: VRTX). The big drugmaker beat consensus estimates for its Q1 results announced on Monday. Vertex's shares subsequently added even more to the nice gains already achieved so far this year.
But it's not too late for investors to jump aboard the Vertex train. Here are seven reasons to buy the stock now.
Vertex is the only company in the world with approved therapies that treat the underlying cause of cystic fibrosis (CF). Its nearest competition is only in phase 2 testing. And one previous rival -- AbbVie -- threw in the towel on its CF program this week.
Source Fool.com
Vertex Pharmaceuticals Inc. Stock
€443.05
0.120%
The stock is one of the favorites of our community with 50 Buy predictions and 2 Sell predictions.
On the other hand, the target price of 429 € is below the current price of 443.05 € for Vertex Pharmaceuticals Inc., so the potential is actually -3.17%.
