Will this buy them friends in the Federal Government considering they are also the poster child for tax avoidance? Noose is tightening on American corporate. tax avoiders, not popular with Republicans or Dems, will be rectified soon. Taxes on earnings resulting from sales in the domestic market less applicable expenses proportional to each nation looks like the way it's going.
Gilead (GILD) is one of the hottest stocks on the market right now and it is even more intriguing because of its valuations. With a forward P/E of just over 11, this stock epitomizes both value and growth. At around $81/share there is plenty of upside left in this stock. Of the 24 analysts covering the stock, there are 21 buy recommendations with an average price target around $100/share.