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Old 12-14-2016, 09:24 AM   #121
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At least we are seeing some positive light with GILD - although still needs to go a bit more until I am in the green. And the .47 ex-div yesterday doesn't hurt either
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Old 12-17-2016, 04:08 PM   #122
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Tow of the pure biotechs mentioned early on in this thread are discussed (AMGN and ABBV).



The video includes a brief initial fundamental analysis on the following five fairly valued healthcare selections: AbbVie Inc. (ABBV), AmerisourceBergen Corporation (ABC), Amgen Inc. (AMGN), Cardinal Health Inc. (CAH) and Teva Pharmaceutical Industries (TEVA).
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Old 12-19-2016, 04:45 PM   #123
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Very interesting data shown for ABBV, which I have never looked at. The increase in earnings over the last 5 years was impressive at double digits.

However, when I went on my brokerage site to look at it some more, found that the free cash flow increase was only 2.2% annually.

So, what gives? I would like to understand that more.
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Old 12-19-2016, 08:29 PM   #124
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Here is the FCF chart. I do not recall if this was in the video.
Attached Images
File Type: png ABBV FCF Capture.PNG (89.4 KB, 14 views)
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Old 12-20-2016, 08:13 AM   #125
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Gilead was going up but took a hit on the chin when a jury awarded Merck some 10% royalty on Gilead's HCV drugs. Gilead bought Pharmasset and Merck bought Identix. Evidently Identix thinks it had a patent before Pharmasset although the case is far from over and will be appealed.
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Old 12-21-2016, 10:38 PM   #126
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I sold 3/4 of gains in Fidelity Select Biotech from mid 2014 to 2015, but will start slowly buying back chunks now and in 2017. I suspect the sector is now showing notable comparative value, although it may take a year or two to stabilize.
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Old 12-29-2016, 08:56 AM   #127
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Had to sell all of my Gilead the past few days for tax reasons, except for 500 shares in a IRA. It is down some $2 a share from where I sold and extremely hard not to buy back

Biotech in general is really taking on the chin for an industry that is supposedly just awash in money and profit. Especially compared to the rest of the stock market profit and earnings.
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Old 01-04-2017, 10:50 AM   #128
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Of course biotech and Gilead are up huge. Figures. I should have bought IBB at $265 when I sold my Gilead.
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Old 01-04-2017, 11:05 AM   #129
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Of course biotech and Gilead are up huge. Figures. I should have bought IBB at $265 when I sold my Gilead.
Yes, that timing stuff is tricky, for sure. I'm still holding Gilead shares (300 of them) that I bought near $90. I am in no rush to sell, and maybe with their 10 or so drugs slated for approval within the next year or so, the stock will pop much higher. Since those shares are in my IRA, I have not had the ability to sell any for tax purposes.
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Old 01-04-2017, 11:13 AM   #130
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I have my biotech investments in XBI and BBH. I noticed a relatively new/small ETF -- ALPS Medical Breakthroughs ETF (SBIO). Anyone put their money in it?
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Old 01-04-2017, 12:57 PM   #131
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I'm just holding my GILD shares and not paying much attention to the daily price. At some point over the next 2-4 years the PE will come up despite declining HepC revenues.
I'm thinking of slowly putting cash into FBIOX, which I've had for years and sold gains in 2014 and 2015. I also have a slightly larger position in FSPHX, but I generally don't try to take gains from it like I do FBIOX when it takes a rocket trip.

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Yes, that timing stuff is tricky, for sure. I'm still holding Gilead shares (300 of them) that I bought near $90. I am in no rush to sell, and maybe with their 10 or so drugs slated for approval within the next year or so, the stock will pop much higher. Since those shares are in my IRA, I have not had the ability to sell any for tax purposes.
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Old 01-09-2017, 10:11 PM   #132
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GILD and biotech ETFs like IBB and XBI have been treading water for the last 6 months. This sector has become a pariah by Wall St, but it looks like they are not going lower.

Short-term trading is tough, so I will just hold them for a while.
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Old 01-09-2017, 10:17 PM   #133
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EXAS

Some time ago I mentioned EXAS Exact Sciences, maker of Cologuard, DNA based colon cancer test. It has been moving upward the last few days but today it was up $2.88 or 19.07% on a preliminary 4th quarter result. CEO was on Fox's Business News with Maria B. this morning.

http://video.foxbusiness.com/v/52754...#sp=show-clips
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