10/09/19 Better tape today but a lot of random churning and tactical trading, biopharma under siege? NASDAQ up 1.17%. Talk about mini-deal with China.
- Large cap leaders with IBB flat: REGN MRK BMY.
- Mid caps weak with XBI down 0.63%.
- JNJ woes continue with $8B verdict on Risperdal, stock down 2% to $129.
- XLV up 0.785 to $88.81.
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10/8/19 Out of office today–Red Screen Day with NAZ Down 1.67%
- IBB down 1.88% with all large caps following in RED.
- XBI down 1.98% near $75.
- Qiagen (QGEN) crushed down 20.74% on Q3 Sales Warning , exit of CEO, CHINA; guidance adjusted and partnership with Illumina.
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Large Cap Biopharma : Growth plus Value
We have held large cap biopharma through the biotech downturn because we like the dividends, clinical news and top line growth. We will update this chart AFTER Q3 earnings and guidance.
Our core positions are ABBV, BMY, MRK, RHHBY. we added XBI for small cap leverage at about $76.
Since 8/27/19 when this chart was published only a few of these stocks are off their bottom: ABBV,BMY GILD, RHHBY (not shown), The IBB and the XBI are down about 2%,
| COMPANY | Ticker | Price | 2017 | Price | Price | MCap |
% Perform
|
|||||
| 1/15/18 | Rev$B | 12/18 | 8/27/19 | 2019 | 2019 | FWD | Analyst | % | ||||
| $B | YTD | P/S | PE | Recom | Div | |||||||
| Abbvie | ABBV | 100.340 | 27.27 | 92.19 | 65.67 | 99.37 | -23.9 | 3.05 | 7.06 | 2.5 | 6.52 | |
| Alexion | ALXN | 122.710 | 3.47 | 97.36 | 110.16 | 26.45 | 9.93 | 5.88 | 10.04 | 1.9 | ||
| Amgen | AMGN | 185.040 | 23 | 194.67 | 206.49 | 126.53 | 9.27 | 5.37 | 13.67 | 2.3 | 2.81 | |
| Biogen | BIIB | 335.950 | 11.84 | 300.92 | 220.79 | 41.84 | -28 | 2.97 | 6.88 | 2.9 | ||
| Bristol Myers | BMY | 62.810 | 19.92 | 51.98 | 47.93 | 80.56 | 6.23 | 3.38 | 10.85 | 2.2 | 3.42 | |
| Celgene | CELG | 106.000 | 12.5 | 64.09 | 96.7 | 69.79 | 20.23 | 4.27 | 7.86 | 2.9 | ||
| Gilead Sci | GILD | 79.020 | 27.48 | 62.55 | 63.31 | 82.37 | -2.97 | 3.68 | 9.09 | 2.1 | 3.98 | |
| Merck | MRK | 58.660 | 39.8 | 76.41 | 85.52 | 223.55 | 13.47 | 5.04 | 15.67 | 1.7 | 2.57 | |
| Regeneron | REGN | 366.960 | 5.52 | 373.5 | 281.41 | 31.25 | -24.37 | 4.32 | 11.22 | 2.5 | ||
| Vertex | VRTX | 158.000 | 2.3 | 165.71 | 178.25 | 46.85 | 8.87 | 13.56 | 28.88 | 2 | ||
| XBI | 71.75 | 78.92 | 10.83 | |||||||||
| IBB | 96.43 | 102.22 | 4.69 | |||||||||
| FBT | 124.2 | 127.61 | 3.67 | |||||||||
| FBIOX | 17.74 | 19.4 | 15.95 | |||||||||
| XLV | 86.46 | 89.69 | 7.45 | |||||||||
| XPH | 35.67 | 0.7 |