I listened to the GILD presentation at the Barclays conference trying to find a reason for the decline. Instead, I was tempted to add to my position. I had not realized, for example, that GILD's largest research commitment was to hepatitis C drugs. I think even GILD's fans tend to ignore that particular portion of their pipeline.
4 comments:
No yield on Gilead?
Don't you prefer stocks with yield?
Like PFE?
They trade at 11 times net of cash. They buy back stock instead of giving a dividend.
Meant 11 times earnings.
I listened to the GILD presentation at the Barclays conference trying to find a reason for the decline. Instead, I was tempted to add to my position. I had not realized, for example, that GILD's largest research commitment was to hepatitis C drugs. I think even GILD's fans tend to ignore that particular portion of their pipeline.
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