Seeking Alpha
  • Alan Brochstein, CFA
    $JNJ move last week was one of the largest historically, especially outside of an earnings report.
    Reply (4)
    • madpup: Hate to say it, all due to "Crammer Effect", he's been banging the drum loud & hard on JNJ since last week, IMHO.
    • Alan Brochstein, CFA: Lots of conservative stocks moved like JNJ. I think the fact that their big acquisition is immediately accretive rather than dilutive helps
    • madpup: If Obama Care goes down, drug stocks may go down also, these companies sold out on the U.S., so as to make an inside deal for themselves.
    • madpup: I have no desire to buy any drug stock prior to the court decision.
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