Given Imaging should be bought ahead of Q2 earnings, says Maxim
Maxim believes downside in shares of Given Imaging is limited following the recent pullback and recommends investors buy the stock ahead of the company's Q2 results. The firm said it has confidence in the company's ability to meet its Q2 GAAP EPS estimate of 11c.
A continuing slide down like this after a big sell-off arouses suspicions of a leak that bad news is coming. I hope Maxim's take is more on the money. I'm holding, but this is starting to feel like a latter-day Masada.