The pharmaceutical sector is popular amongst investors because of its ability to maintain profit margins irrespective of the economic climate. Moreover, the industry is well-positioned for growth thanks to the growing incidence of chronic diseases and the development of drugs for treating rare diseases.
To that end, while it could be wise to buy fundamentally strong pharma stock Johnson & Johnson (JNJ), Calliditas Therapeutics AB (publ) (CALT) could be added to one’s watchlist, and Aurora Cannabis Inc. (ACB) best steered clear of.
