Merck & Co. Is Flatlined But Watch For Its Revival
Photo by Sundry Photography/iStock Editorial via Getty Images
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….