5 ordspråk av David Saks
David Saks
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I like to say 'show me the money,' and the drug industry is showing the money with their earnings. All three major drug firms today had good numbers.
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The fundamentals for big pharmaceutical firms are fine. Cash is fine to support growth, and earnings are meeting the targets. I think investors are taking some of that for granted and ignoring it.
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One-hundred-ten years of history, great diversity, lots of new earnings drivers and I just became a grandpa -- twins. And I'm buying J&J, Pfizer and Warner for their future college funds.
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The merger creates a Goliath. What they have done is created the best of the best.
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This is a theme that I think investors are missing, because as tech and retail companies continue to warn about profit shortfalls, there are no revisions in the drug area.
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