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Gaurav S. Sharma
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My areas of interest and expertise include technology, biotechnology, and financial services, among others. I have a long-term strategy and am primarily a value investor who values both growth and dividends. My picks have consistently outperformed the market and I expect them to continue to do... More
  • SoL #27: A Unique Sell-Off 6 comments
    Mar 27, 2014 9:48 PM | about stocks: GILD

    Today, the market had a small sell-off, on that is insignificant compared to others in the last week. However, it had the interesting quality of being extremely widespread, with nearly every stock in the red.

    Personally, none of my stocks made gains today, but they didn't lose much either. This means that every single one of my positions lost today, but my losses were very small.

    One good buying opportunity resulting from this is Gilead (NASDAQ:GILD). At approximately $71, you are getting a great long-term play at a discount.

    Disclosure: I am long GILD.

    Themes: slice2014 Stocks: GILD
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Comments (6)
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  • Teriee
    , contributor
    Comments (92) | Send Message
     
    IMHO...it's going lower
    28 Mar 2014, 08:38 AM Reply Like
  • Gaurav S. Sharma
    , contributor
    Comments (53) | Send Message
     
    Author’s reply » Apparently, you were right. However, it is undoubtedly headed higher long-term.
    28 Mar 2014, 11:17 PM Reply Like
  • Teriee
    , contributor
    Comments (92) | Send Message
     
    How can the stock go higher when Gild is GIVING AWAY it's drugs to Egypt, and selling it lower in every country as compared to the US...makes it hard to argue for the 1000.00/pill rx, although I think it IS reasonable when compared to alternative costs. Hoping for the best.
    30 Mar 2014, 12:41 PM Reply Like
  • Gaurav S. Sharma
    , contributor
    Comments (53) | Send Message
     
    Author’s reply » Your pricing concerns are likely to be resolved. Additionally, the growth rate forecasts are extremely high regardless and make this stock rather cheap.
    30 Mar 2014, 01:17 PM Reply Like
  • willials
    , contributor
    Comments (13) | Send Message
     
    GILD is awful, down 5% already in one day. Worst stock ever.
    30 Mar 2014, 02:52 AM Reply Like
  • Gaurav S. Sharma
    , contributor
    Comments (53) | Send Message
     
    Author’s reply » Obviously you're not an actual investor.
    30 Mar 2014, 12:35 PM Reply Like
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