12.12.2024 11:51:00
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The Ultimate Biotech Stock to Buy With $500 Right Now
Investing in biotech stocks isn't for everyone because the very nature of their business is fraught with risk. As a result, biotech stocks can be highly volatile.However, some exceptions aren't nearly as risky. A few are even practically no-brainer picks for long-term investors. Here's why I think Vertex Pharmaceuticals (NASDAQ: VRTX) is the ultimate biotech stock to buy with $500 right now.Many biotechnology companies don't have approved products on the market, so they don't generate reliable revenue. From time to time, they must raise additional capital -- often through the dilution-causing issuance of new shares. This presents one of the greatest challenges with investing in clinical-stage biotech stocks.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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