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2 Bear Market Defying Stocks to Buy in May

Prosper Junior Bakiny, The Motley Fool
·4-min read
2 Bear Market Defying Stocks to Buy in May

This group of companies includes Sanofi (NASDAQ: SNY) and Axsome Therapeutics (NASDAQ: AXSM). France-based Sanofi is a biotech giant with a diversified portfolio of medicines and vaccines, although it is perhaps best known for being one of the leaders in the insulin market. The company grabbed headlines in this space earlier this year when it decided to cut the price of its top-prescribed insulin product, Lantus, by 78% and limit out-of-pocket costs to $35.

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