welcome
Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Business

Business & Economics

Is Merck & Co., Inc. (MRK) the Most Oversold S&P 500 Stock in 2024?

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
Nutrition label

83% Informative

Merck & Co. , Inc. ( NYSE :MRK) stands against other most oversold S&P 500 stocks in 2024 .

The company has seen a decline in Gardasil revenues in China resulting in a reduction in revenue estimates.

Goldman Sachs Research : Elevated valuations over the past 2 years , mainly in the US , have put global stocks in a vulnerable position.

Seigerman focuses on Merck & Co. , Inc. ( NYSE :MRK)’s promising cardiovascular portfolio, and advancements in immunology and inflammation via strategic acquisitions, and partnerships, which are expected to drive growth.

Bank of America Securities also reiterated a “Buy” rating with a $ 120.00 price target.

Small business owner?

Otherweb launches Autoblogger—a revolutionary way to bring more leads to any small business, using the power of AI.