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Merck Trading Near 52-Week High: Is the Stock a Buy, Hold or Sell?

Zacks Investment Research·
Merck Trading Near 52-Week High: Is the Stock a Buy, Hold or Sell?

Merck's stock is trading near its 52-week high, driven by positive phase III data for its Keytruda-Moderna cancer therapy combo and strong fundamentals. Keytruda is expected to reach $35 billion in peak sales by 2028, with the company launching 20 new drugs by 2030. However, Merck faces significant headwinds including Keytruda's 2028 patent expiration, declining Gardasil vaccine sales, and generic erosion of diabetes and other drugs.

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