
Nasdaq components Gilead Sciences, Inc. (GILD), Vertex Pharmaceuticals Incorporated (VRTX), and Autodesk, Inc.’s (ADSK) ever-improving performance could translate into impressive returns in the long run. In this piece, I have discussed several reasons I am bullish on these stocks despite the current uncertainties.
Ever since the increased borrowing costs resulting from the Federal Reserve’s interest rate hikes caught regional banks in the U.S. off guard and wrong-footed, regulators have been scrambling to salvage the money of unfortunate depositors paying a hefty price for keeping their faith in the system and whatever of it is still remaining.