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New era begins at Merck as pandemic cuts Q1 sales, profit
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New era begins at Merck as pandemic cuts Q1 sales, profit
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New era begins at Merck as pandemic cuts Q1 sales, profit
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New era begins at Merck as pandemic cuts Q1 sales, profit
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This year the technology-heavy Nasdaq Composite index has become increasingly volatile. The very high valuations of many large tech stocks offering no dividends have made investors nervous; they are also concerned that President Biden’s stimulus programme could increase inflation. Shares in electric-car maker Tesla, for example, fell by 36% between late January and early March.
A safer sector is healthcare, historically it’s one of the least volatile sectors. And within healthcare some of the large US biopharmaceutical stocks now offer reasonable valuations, worthwhile dividends and steady growth through new patented treatments for serious diseases.
One such stock is