Reported about 7 hours ago
Merck & Co., Inc. (MRK) stands out as a significant stock pick from billionaire investor Cliff Asness, known for his successful investment strategies that focus on value and momentum. Asness' firm, AQR Capital Management, recently highlighted MRK's potential upside of 26.57%. Despite recent challenges, including a dip in Gardasil vaccine shipments to China and a modest increase in profits, the company remains a key player in the pharmaceutical sector. It ranks 10th among Asness’ stock picks, though other AI stocks are noted for potentially higher returns.
Source: YAHOO