Chart Expert Says Merck (MRK) Has More Upside - Here's Why

We recently published Top 10 Trending Stocks as Famous Billionaire Predicts Massive AI Stock Rally Before Bubble Burst. Merck & Co., Inc. (NYSE:MRK) is one of the trending stocks.

Carter Worth from Worth Charting said in a latest program on CNBC that Merck & Co Inc (NYSE:MRK) is one of the stocks that has more upside potential based on his analysis. Here is what the analyst said:

“The first is Merck & Co Inc (NYSE:MRK). This is the definition of a bearish to bullish reversal buy. 150 day is flattening. That’s how something bases and bottoms. Merck & Co Inc (NYSE:MRK) is up about 5% over the past 30 days.”

Asked how much more the stock can run, Worth said:

“This kind of bullish price volume correlation with very heavy volume is hard to stop day to day, week over week. So I would think at least 10 to 15% higher in these names and thematically for left for dead healthcare names.”

Impax US Sustainable Economy Fund stated the following regarding Merck & Co., Inc. (NYSE:MRK) in its second quarter 2025 investor letter:

“Merck & Co., Inc. (NYSE:MRK) (Health Care, Pharmaceuticals) has a high Corporate Resilience score, and is contributing to a more robust and sustainable health care system through its leading drug and vaccine discovery. The stock’s weakness in Q2 was driven by a combination of concerns about its drug pipeline, particularly the competition from generic versions of Keytruda, and weaker market sentiment around Health Care stocks.”

While we acknowledge the potential of MRK as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.