Selling Biogen As Growth Slows
Biogen’s (BIIB) profit’s are now growing around 10%. With the Biotech sector being weak, and cash being king, I will sell BIIB from the Growth Portfolio.
Biogen’s (BIIB) profit’s are now growing around 10%. With the Biotech sector being weak, and cash being king, I will sell BIIB from the Growth Portfolio.
Biogen (BIIB) is cutting its workforce 11% to make up for slower growth. BIIB is a good value at 11x earnings, but the stock isn’t doing much.
Biogen (BIIB) suffered a double whammy when it lowered guidance and had poor results on its Alzheimer’s drug.
People need to take a chill pill and relax on Biogen (BIIB). Give it some time, relax.
Biogen (BIIB) provides stable earnings growth and BIIB may have another blockbuster coming soon.
Biogen’s (BIIB) new Alzheimer’s drug could be a blockbuster, so I will add it to the Growth Portfolio & Aggressive Growth Portfolio today.