Merck Brings in Big Money
- Date: 31-May-2022
- Source: Yahoo News
- Sector:Financial Markets
- Country:Middle East
Merck Brings in Big Money
And the pharmaceutical company could rise even more due to strong sales growth and a healthy dividend. But another likely reason is Big Money lifting the stock.
So, what’s Big Money? Said simply, that’s when a stock goes up in price alongside chunky volumes. It’s indicative of institutions betting on the shares.
Smart money managers are always looking for the next hot stock. And Merck has many fundamental qualities that are attractive.