Nov. 8 at 12:57 PM
$INTC $PFE my 2 cents—-Some people also recommended big pharma stocks to me — they’re indeed long-term safe bets.
But in my view, unlike tech stocks which are always the market’s strongest momentum drivers, pharma stocks are highly cyclical. Sometimes they take years to move, because most big money flows into leading tech names. Unless there’s a black-swan event like a pandemic or a major new drug launch, it usually takes a long time for healthcare stocks to take off.
