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Stock impact report

Got $500? 1 Biotech Stock to Buy and Hold Forever [Yahoo! Finance]

Vertex Pharmaceuticals Incorporated (VRTX) 
Last vertex pharmaceuticals incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.vrtx.com
Company Research Source: Yahoo! Finance
However, even individuals without much money can invest in stocks. If you have $500, you should check out Vertex Pharmaceuticals (NASDAQ: VRTX) . Here's why this biotech stock is a great candidate to buy and hold forever. Are You Missing The Morning Scoop? Breakfast News delivers it all in a quick, Foolish, and free daily newsletter. Sign Up For Free » Let's talk numbers. First, Vertex's share price currently stands below $450. You could buy one share with $500 and still have enough money left over. When some people think of biotech stocks, a mental image of a small, risky company might come to mind. That doesn't describe Vertex, though. Its market cap is around $115 billion. The drugmaker has been in business since 1989 and went public in 1991. Vertex expects to generate revenue this year of between $10.8 billion and $10.9 billion. Nearly 93% of the company's sales come from its cystic fibrosis (CF) drug Trikafta/Kaftrio -- for now. The big biotech company is usually high Show less Read more
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