A Bull Market Is Here: 2 Stocks to Buy and Hold for 10 Years
With the S 500 index recently hitting a new all-time high, we can officially declare that we are in a bull market. While that's exciting news, it doesn't change the blueprint of success for long-term investors. The plan remains to pick out stocks to hold on to for a while, stocks that can perform well in good times and stay in one piece during bad times.
For investors in search of such companies, let's consider two excellent candidates: (NYSE: MRK) and Fiverr (NYSE: FVRR). Read on to find out why these corporations could deliver superior returns in the next 10 years.
Merck has relied on Keytruda to drive sales growth for a while. Keytruda has earned dozens of indications in treating various cancers around the world. The medicine became the best-selling drug in the world in 2023, an honor it should keep for a few more years. Unfortunately, Keytruda will run out of patent protection in 2028.
Source Fool.com
Merck KGaA Stock
Currently there is a rather positive sentiment for Merck KGaA with 3 Buy predictions and 1 Sell predictions.
On the other hand, the target price of 146 € is below the current price of 149.2 € for Merck KGaA, so the potential is actually -2.14%.