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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Spekulatius who wrote (35700)10/21/2009 12:35:05 AM
From: Spekulatius  Read Replies (1) | Respond to of 78618
 
Put proceeds from COV sale into STJ at 32.2$. STJ went down in sympathy with BSX, which published weak results today. Seems like I am paying 13x Y2009 earnings here. in past buying STJ at those multiples worked out OK. I also think they are a good takeover candidate (my guess is that JNJ could be an acquirer).