SA contributor Valuentum joins Bernstein in defending Celgene (CELG -11.9% to $59.15), which is...

|About: Celgene Corporation (CELG)|By:, SA News Editor

SA contributor Valuentum joins Bernstein in defending Celgene (CELG -11.9% to $59.15), which is hurting badly following its EU Revlimid bombshell today. Valuentum says the share is undervalued and is attractive at below $65. "Firms that generate a free cash flow margin above 5% are usually considered cash cows." Celgene's 3-year average is 30.6% .