Solid balance sheet, strong free cash flow and discounted price! The four keys to finding a great stock are: Leadership, solid balance sheet, strong free cash flow and discounted price. REGN definitely has 3 of the 4. I'm not sure the price is really discounted at this point. Though I believe the LT potential for the stock is outstanding. You just aren't buying it on sale at this point. To many institutions have found it and running the stock up on high expectations.
Actually no, I got frustrated and sold my rather large position, moving the money somewhere else. I revisited REGN and contemplated buying the dips, but then I noticed the news about momo stock and a possible future distribution...so for the moment I'm just on the side lines