Tired of being on the wrong side of the trade? So was I until I joined LionStockAlerts. The alerts are quality, not junk and they are straight forward and cut out the hype.
STJ metrics (available to everyone) show they are running their company BETTER that ABT. Good for Miles to see that! Operating Margins (Overhead) and Profit Margins (to sell the products) show that STJ is not the business set up to suck up profits for the (BIG GUYS), you know, the kind of country-club people I have no time for. The non-invasive testing devise business (like Alere) is in a 20% 2 year decline on margins. My assesment is that Miles wanted to control that decline by offering's to Alere. Makes sense right? Control the decent and amortize the initial cost with control of it's decent. Miles chose to not pursue tax inversion like
Medtronics. Having done that he realized the Invasive Medical devise market is the choice. Doing simple
assessment of Profit Margins, there is a clear 1.9% differential favoring STJ vs. ABT current stats.
Bring in the synergies of face to face marketing and operational cost reduction, ABT will blow away the current stock price in the $38.00 range. Yes, Miles jumped on Alere like many people would, but thankfully we'll be modestly burned by assessment based on litigation for years 2013 to now and stock holder equity (actually higher now), 13m is the payoff. At this time, believing the S&P will be hard pressed to touch 2100 prior to a well deserved major correction, I will stage buys on ABT in .50cent downside increments in lots of no more than 250 shares per buy until $34 anything, then I will go long @ 1000 share lots. Yea, I'll be even richer in a couple of years, but the downside is that I have to feel guilty for it.
I hope you are ready because I am about to tell you how I made A BUNCH of cash in the markets recently. Google “LionStockAlerts” and see for yourself…They have done very well for me
Bought ABT on Friday (May 20) @ 37.70. Along with some CSCO I bought a few weeks ago @ 26.35.........2 great long term holds that have strong and growing dividends.
More supportuning news is the Chairman and CEO of Myl just loaded back up with shares over 1 million a piece in option grants. I hear they wan to exit
This is an excellent buy, good div, you made right decision. Long term you will make dividend plus stock appreciation