Was ABBVIE Desperate To Buy Something, Anything?

By |2015-03-05T07:52:14-05:00March 5th, 2015|Categories: Money Basics|Tags: , , , , |

ABBVIE (ABBV) has been trying to buy a pharmaceutical company since it was spun out of Abbott Labs (ABT) in 2013. There was a close call in the summer last year (2014) when the company was looking to become British [...]

Bristol Myers Squibb is a good example of an overvalued stock in an overvalued sector.

By |2015-01-06T13:39:24-05:00January 6th, 2015|Categories: Money Basics|Tags: , , , , |

Yesterday we talked about the healthcare sector being ahead of fair value such that the sector should be considered for a lighter weight (12.7%) than market weight (14.2%). Bristol-Myers is a good example of what is happening in the sector. [...]