Snug-About 10 months ago BMY was one of Spec's picks at $26 it moved up >$30 then crashed.Yield 5% looks attractive but you could lose 10% on price as it looks like any market drop will take it to $20.ABT will surprise some of the hecklers on this MB as I do believe Miles must perform or HSP will make him look bad for spinning it off.I do think ABT will hit $47 in next 90 days.
NYT Business noted several sectors in the toilet and would never get out. Big pharmas on the edge. Why, Snugly, would anyone buy a pharma when there are some pretty attractive co's you can get relatively cheap? The reason the divy is high is because the co is going nowhere.