Reported 10 days ago
Billionaire investor Ken Fisher has identified Merck & Co., Inc. (NYSE:MRK) as one of his top defensive stock picks. Known for its strong market position, the pharmaceutical company has posted substantial financial growth, including a 7% revenue increase and a notable rise in Keytruda sales. Fisher, who takes a contrarian approach in his investments, believes in the potential of value stocks, predicting that they will outperform growth stocks this year, particularly as global markets shift.
Source: YAHOO