AbbVie

High Conviction Trades- the Holly Grail of Investing

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It was George Soros that said, “there is no amount of money too big to bet when you know you are right.” It’s the holy grail of investing. The trade that we are all looking for.  One where we can leverage up and bet the farm.  It’s the time when you shove all the chips onto the table and tell the croupier you’re betting it all on 00. There is no investor with more conviction than a corporate insider betting big on his own company’s stock. https://theinsidersfund.com/inside-information Of course, betting the farm is the most dangerous type of behavior for an … Read more

Pullback in pharma has created a compelling buying opportunity

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The fundamentals are good for the health care sector in general.  Recent news articles on drug pricing/gouging are not likely to effect meaningful change for the overall group dynamics in my opinion or that any changes may be long time in coming and tempered far below market expectations. It’s true that it may compress multiple prices for a while as Evercore #1 ranked biotech analyst Mark Schoenebaum said on CNBC today but I agree with him, its really about innovation.  His favorite picks are Gilead GILD and maintains a price target of $115 on the stock.  I am not as enthusiastic … Read more