Selling The Rest of Valeant a Little Too Late
Although I feel the company is worth more, today I will sell the remaining shares I own of Valeant (VRX) as this sad story will take a while to unfold.
Although I feel the company is worth more, today I will sell the remaining shares I own of Valeant (VRX) as this sad story will take a while to unfold.
Valeant Pharmaceuticals (VRX) has lost 1/3rd of its value this month, but with all these assets VRX has to be worth something.
Valeant Pharmaceuticals (VRX) continues to surge ahead, with profit growth expected to surpass 50% later this year. VRX stock is a bargain at 22x earnings and is one of my top holdings.
Although this stock has almost doubled in a year, I will buy it for my clients today as it has 60% upside in 18 months.