ABT just closed on a messy STJ deal leaving its shareholders with large tax bills.. kind of a messy deal
ABT just closed on a messy STJ deal leaving its shareholders with large tax bills.. kind of a messy deal
GILD (Gilead Sciences): $72 / sh
+ They have $9 / share just in cash.
+ Stock is selling a 6x PE, while the other drug companies sell for 12x
+ They essentially have the cure for Hepatitis C
stock will probably go down before going up, but could easily go to $95/sh; it used to sell at $120
After Brexit, I bought in to Barclay's (BCS). Now that I have an over 50% return on the stock, I am wondering if it is time to talk profits and sell. Again, I may wait and see what happens but have a quick trigger to sell.
I guess after looking over my watch lists and stocks I'm going to swing for the fence this year with a stock that really paid off during the last tech bubble. That and with Trump coming in and talking tough with China I like American Superconductor, AMSC trading at 7.36.
Also considered DDD, and more of a value play in GME that I really like. Also like strong dollar UUP this year but that just won't move enough for this contest.
Earnings are Feb 7. You may want to wait as it appears there will be no acquisition announcement and the earnings have been declining (mainly because they have essentially cured HepC). Also, the political winds are against drug companies and their prices.About ready to buy in .
DDD is my second loser. I don't have much faith.
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Earnings are Feb 7. You may want to wait as it appears there will be no acquisition announcement and the earnings have been declining (mainly because they have essentially cured HepC). Also, the political winds are against drug companies and their prices.
That said, the valuation is def a bargain and it will have to revert to the mean some time.
I will probably be selling some puts, or buy the Jan 2018 leap options.
gotta be some oil stocks right?
I've been buying UCO. It is a 2X EFT based on crude oil. In other words Crude Oil moves 5% - UCO moves 10%.
This is great. We should totally keep this thread going all year for market conversation. I'm fascinated by it.
My big long term play is still Under Armor. Long term. All these endorsements they have overpaid for are eventually going to pay off big time. They have overreached now but in 10 years, I see a stock that's trading at 29 or whatever now up in the 50s or 60s consistently.
I know you said long term, but this is not looking so good in the short term right now.
I bought some APA and LUV today. Want to get into the energy game a little bit with Trump's plans. LUV has a new target of like 82 and it's selling at 59.
I bought some APA and LUV today. Want to get into the energy game a little bit with Trump's plans. LUV has a new target of like 82 and it's selling at 59.
I bought some APA and LUV today. Want to get into the energy game a little bit with Trump's plans. LUV has a new target of like 82 and it's selling at 59.