Just What The Market Needs
If Sanofi does indeed take over Genzyme that should give a nice boost to the market. The deal would be worth close to $20 billion in cash. A large chunk of that cash should find its way into other biotechnology stocks. In my opinion Gilead is a screaming buy right here, given their buyback and this possible takeover.
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1 comment:
Dow is up 400 in 3 days.
The low Tuesday was 10007.
How much more before a pullback? 2-300?
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