3 No-Brainer Stocks to Buy in May
From Yahoo Finance: 2024-05-05 06:55:00
Don’t follow the old saying to “sell in May and go away” – investing in stocks can still be a smart move. Motley Fool contributors recommend buying Eli Lilly, Pfizer, and Vertex Pharmaceuticals. Eli Lilly’s revenue grew by 26% in the first quarter, with an expected 50% annual EPS growth. Pfizer is at a decade-low, trading cheaply at 12 times estimated future profit and 1.7 times book value, while offering a 6.2% dividend yield. Vertex Pharmaceuticals has a monopoly in cystic fibrosis treatment and potential for huge growth in new markets, making it a promising long-term investment.
Read more at Yahoo Finance: 3 No-Brainer Stocks to Buy in May