Check Monthly chart.
GILD is one of the fastest growing company, but had to drop their share price since Hillary want to drop Drug price.
She keep repeating since last year, but it will not really damage drug price. It will actually damage CVS or insurance companies. GILD rebate a lot of money to CVS and insurance companies.
Plus, Chart is very attractive and valuation is very good compare to other companies.
Buy at : 78~83
target price 1: 108
target price 2: 112
target price 3: 120+
GILD is one of the fastest growing company, but had to drop their share price since Hillary want to drop Drug price.
She keep repeating since last year, but it will not really damage drug price. It will actually damage CVS or insurance companies. GILD rebate a lot of money to CVS and insurance companies.
Plus, Chart is very attractive and valuation is very good compare to other companies.
Buy at : 78~83
target price 1: 108
target price 2: 112
target price 3: 120+