Gilead Sciences: Undervaluation Meets Bullish Chart

Daniel Schönberger
13K Followers

Summary

  • From a technical point of view, Gilead Sciences could move higher in the coming months.
  • And even if we assume very moderate growth rates, the stock is still undervalued.
  • Gilead Sciences could also report strong revenue growth in the second quarter.

Maker Of Coronavirus Trial Drug Remdesivir, Gilead Sciences. Inc., Reports Positive Data Coming From Trials
Justin Sullivan/Getty Images News

Gilead Sciences (NASDAQ:GILD) is one of the worst performing assets in my portfolio. It did not only underperform the S&P 500 (SPY), even when including dividends, I am still looking at a small loss

This article was written by

13K Followers
My analysis is focused on high-quality companies, that can outperform the market over the long-run due to a competitive advantage (economic moat) and high levels of defensibility. Focused on European and North American companies, but without constraints regarding market capitalization (from large cap to small cap companies).My academic background is in sociology and I hold a Master’s Degree in Sociology (with main emphasis on organizational and economic sociology) and a Bachelor’s Degree in Sociology and History.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of GILD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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