Wright Medical $WMGI jumps after Bloomberg Says Exploring Potential Sale
Wright Medical Group (WMGI) is working with financial advisers to explore a sale, Nabila Ahmed and Ed Hammond of Bloomberg reported last night, citing people familiar with the matter. The ankle joint…
Warning Insider Earnings Plays Can Be Hazardous to your Health Week 10-18-19
WARNING- BUYING STOCKS BEFORE EARNINGS ANNOUNCEMENTS CAN BE ESPECIALLY RISKY. Stocks have outsized moves on earnings. We analyze these companies carefully where large insider buys might provide some…
U.S. Drug Spending Increases Most in 13 Years to $373.9 Billion - Bloomberg Business
Often times it seems that the news, particularly economic news is out of step with the price action in the stock market. This headline is not. No wonder healthcare is the best performing sector in…
JNJ goes ex dividend 8-24
I expect JNJ to bounce off its 50 day MA at $67.78 as it approaches it's ex dividend date on August 24th. If you plan on holding beyond the next few days, the DePuy hip replacement settlements seem…
Blue Chip Is The New Alpha - Seeking Alpha
We loved this provocative article from Seeking Alpha, especially the quote from Alexander Graham Bell. We may be biased though as we are also long JPM,K,MSFT, INTC, MCD, PG and BP and the author,…