3 Undervalued Pharma Stocks To Buy For Dividends And Capital Gains
There are multiple reasons to consider exposure to pharmaceutical stocks for the long-term portfolio. First, pharma stocks have a low-beta and provide help in reducing the overall beta of a portfolio that’s overweight growth stocks. Further, pharma stock represents a business that’s relatively immune to economic shocks. At the same time, well established pharma companies have healthy cash flows and therefore…