Daily Stock Opinions and Ratings

Opinions

Jason Donville Cangene Corp CNJ-T DON'T BUY Dec 06, 2010

Would recommend that you stay away from this one because there is no predictability from year to year on their earnings.

Jason Donville

Unlock Rating

$3.100

Stock price when the opinion was issued

biotechnology pharmaceutical

It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

Get Signals Create your Watchlist

You might be interested:

TOP PICK

Some risks as revenues have gone down year to year from $240 million to $160 million. Marginal in terms of profitability from $60 million to $8 million. Has been profitable for most of the past 8 years. Good management and no debt and over $40 million in cash.

BUY

A Contrarian pick in the pharma sector. Did well post-911 when people were bulking up on certain drugs. Management was a little optimistic about how well they could replace those drugs in the pipeline. He would expect it to suddenly jump out of the box.

HOLD

Undergoing tremendous changes. Looking for new products. They are looking to make an acquisition to expand product line.

WAIT

On the buy list (his partner’s). The CEO was booted out a little while ago. Company had problems because of major product in the states. It is going to spread out revenues over time. Moves sales force in-house. Need economies of scale to boost the bottom line. He says he would wait for it to go a little higher.

PAST TOP PICK

(Top Pick Nov 11/10, Down 56.50%) He got out of it personally but fund has it. Heard quarterly numbers were going to be bad and didn’t see it turning around for quite a while. New CEO that came on in August has quite a track record.

PAST TOP PICK

(A Top Pick Nov 11/10. Down 51.45%.) Sold his personal holdings at $3.18. Recently have had some good news. The new CEO has a good track record and a lot of potential. Lots of cash and a good balance sheet but they don't have enough products to sell.

PAST TOP PICK

(Top Pick Nov 11/10, Down 42.22%) Revenues are down. Major positive is a new CEO with a good track record came on a while ago. This company could be sold in a take-over, perhaps.

DON'T BUY

Great balance sheet but company is at the US government’s mercy. Will make money but over a longer period of time. He is not a big fan of this story because there are a lot better opportunities out there right now.

BUY

He bought more today. Shares are hitting new highs. He sold JNJ and bought this. He won't trade it, but hold for 10 years and will keep buying. Revenues were up 22% and 25% on sales. 10 of their drugs have double-digit earnings growth. Great dividend growth.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.

Jason Donville Cangene Corp CNJ-T DON'T BUY Dec 06, 2010

You might be interested:

Cangene Corp(CNJ-T)

Cangene Corp(CNJ-T)

Cangene Corp(CNJ-T)

Cangene Corp(CNJ-T)

Cangene Corp(CNJ-T)

Cangene Corp(CNJ-T)

Cangene Corp(CNJ-T)

Cangene Corp(CNJ-T)

Cangene Corp(CNJ-T)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

Bruce Murray

The Panic-Proof Portfolio (Stockchase Research)

The Weekly Buzzing Stocks by Billy Kawasaki

Chris Blumas

Stockchase Insights