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Merck & Co. is an American multinational pharmaceutical company headquartered in Kenilworth, New Jersey. It is named after the Merck family, which set up Merck Group in Germany in 1668.
Merck is a large, established drugmaker with modest revenue growth, but earnings dropped nearly 20% year-over-year. The stock trades at a premium P/E of 32, suggesting investors expect a turnaround. It's a stable but currently pressured name.
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