Pharmaceutical companies can be a great pickup for the conservative portion of your portfolio. Everyone is going to need the life-saving medications that pharmas develop at one point or another, and that means they’re never going to go out of style.
Still, it takes more than making medicines for a drug stock to be lucrative for shareholders, and non-experts might not know what to avoid. Follow along as I explain two of the biggest red flags to be aware of when you’re investing in pharma stocks.