Merck & Co. Is Flatlined But Watch For Its Revival
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Dependable and Familiar Make for Boring
Profit is fiction for many of the hottest companies. Profit, once the vital factor for investors, is now passé. Merck & Co. (MRK) is a victim of its own success:
- Merck & Co is an old large legacy company that is familiar to investors and traders.
- MRK makes a profit in the billions of dollars each year.
- MRK pays a consistent dividend.
- The share price sells far below the consensus of its valuation….
