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Strategies & Market Trends : Value Investing

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To: Graham Osborn who wrote (55438)6/9/2015 12:00:47 PM
From: Paul Senior   of 78740
 
TARO. Yes, it's not a great bargain at current price. I like the generic drug stocks if I can get them at about a 10 p/e. Taro somewhat higher than that now and on going forward (analysts' consensus earnings for next year).

As a generality, maybe generic sales do decline over time. I don't know. TARO sales have increased most years though. financials.morningstar.com

At current p/e, it's the cheapest (lowest p/e) of all the drug stocks that I am following. I stretch a little for adds if stock drops somewhat. Perhaps I am wrong to do this.
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