3 Reasons to Buy AbbVie Today
Mar 27th 2013 10:30AM
Updated Mar 27th 2013 10:36AM
Brenton Flynn, Motley Fool health care bureau chief, discusses AbbVie. Like other pharmaceutical companies, this company serves a non-cyclical market of consumers that aren't very price-conscious. He then addresses specific advantages that AbbVie enjoys, naming three reasons to buy the stock:
- Humira's pipeline -- AbbVie has a tremendous opportunity to serve hepatitis C patients, of whom there are 170 million worldwide.
- Concerns about Humira are overdone. Humira is a biologic, which is more difficult to copy than other small molecule drugs.
- AbbVie has one of the top dividends among big pharma, sporting a 4% yield.
Follow along in the video below to learn more about each of these reasons you might consider buying AbbVie for your portfolio.
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The article 3 Reasons to Buy AbbVie Today originally appeared on Fool.com.Brenton Flynn has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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