Merck: A Great Dividend Growth Stock, But Not At This Price

A pharmacist serves a customer at a pharmacy. Hispanolistic/E+ via Getty Images Anybody who has followed the stock market for some time knows that it can be quite volatile. All it takes is a poor or great earnings report, or underwhelming or better-than-expected guidance, and a stock can slump or jump by 5%, 10%, or more. One stock that has climbed higher since I last recommended it as a buy in December is Merck (NYSE:MRK). As the S&P 500 (SP500) has gained 6%, the pharmaceutical juggernaut has soared 19% ...